Supply Dynamics in India's Real Estate Boom
Top five real estate developers in India, including Lodha Developers, face supply challenges rather than demand issues. With Rs 96,000 crore in combined pre-sales, the focus is on quality and consumer service. Significant growth is seen post-COVID, with demand for branded players surging.
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- India
India's leading real estate developers are facing a peculiar challenge: a supply crunch rather than a lack of demand. According to Abhishek Lodha, MD of Lodha Developers, urban demand fluctuations will not significantly affect their sales.
In the 2024-25 fiscal year, Godrej Properties, DLF, Lodha Developers, Prestige Estates, and Signature Global emerged as the top five real estate companies by pre-sales, collectively achieving close to Rs 96,000 crore. This marks a shift towards bigger and more trusted players after the COVID-19 pandemic.
Lodha pointed out that consumer preference for quality homes from top builders is fueling demand, despite wider economic concerns, placing the market in a unique position where supply—rather than demand—restricts growth.
(With inputs from agencies.)
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