Sales of listed developers increased amid Covid-19: Anarock

25 May 2021 CW Team

According to Anarock, during the pandemic, the top eight publicly traded real estate players' overall housing sales share has increased.

As per the most recent Anarock data, the top eight listed players accounted for 22% of total sales of around 93,140 units in the first nine months of FY21 across the top seven cities, while non-listed leading players accounted for 18%. Non-branded developers accounted for 60% of the share.

In contrast, of the total 2.03 lakh units sold in the top seven cities in FY17, the top eight listed players had the smallest share at around 6%, while non-listed leading players had an 11% share and others (non-branded) had an 83% share.

The increased market share of these top eight listed players over time provides a clear roadmap of home buyers' changing preferences.

Godrej Properties, Brigade Enterprises, Oberoi Realty, Kolte-Patil, Mahindra Lifespaces, Prestige Estates, Puravankara, and Sobha are the top eight developers under consideration.

Despite the first wave of Covid-19, the top listed players sold a total of 21.23 million sq ft in the first three quarters of the fiscal year 2021, up 2% from the corresponding period in FY20, when 20.88 million sq ft were sold.

Godrej Properties sold the most area (around 6.64 million sq ft) among the listed players during this period, followed by Bengaluru-based Prestige Estates with around 5.04 million sq ft.

During the pandemic, when housing demand increased significantly, this demand-supply equilibrium helped keep the sales momentum going, said Anarock.

Image Source

Also read: Real estate biggies recovering much faster: ICRA

Also read: Affordable housing keeps real estate sector afloat: PropTiger

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..