Bengaluru, June 4 -- India's four leading real estate developers-Godrej Properties, Prestige Estates, DLF, and Macrotech Developers-are collectively aiming to cross Rs.1 trillion in residential sales in FY26, marking the strongest year for branded players. In FY25, the developers clocked combined sales of around Rs.85,190 crore.Residential sales in top seven cities saw a slight fall in 2024 compared with 2023, against hopes that they would touch a new peak. Rising home prices slowed sales in January-March, dropping 28% year-on-year to 93,280 units. Launches fell by 10% to 1,00,020 units during the quarter, according to Anarock Property Consultants data. This ambitious push for record residential sales comes on the back of a robust pipeline of launches, existing inventory, and a focus on premium projects that fetch higher margins. Among the four, Godrej Properties set the highest sales target of Rs.32,500 crore this year. It sold 15,000 homes worth Rs.29,444 crore last year, the highest ever by an Indian developer. While analysts pegged the firm's FY26 sales guidance as conservative and cautious, Godrej Properties executive chairperson Pirojsha Godrej said the company has set a reasonable target and is confident of achievingit. "For better brands and strong real estate players like us, there is good demand. If we can execute well, there is nothing stopping us from increasing market share, and there is a huge growth opportunity in all markets," Godrej said in an interview earlier. Prestige Estates Projects, which fell short of its Rs.20,000 crore target last year due to delays in project approval, has set a higher goal of Rs.27,000 crore for FY26. The Bengaluru-based firm recorded Rs.17,023 crore in bookings last year, a 19% year-on-year decline. However, it expects a sharp bounce-back, aided by a Rs.42,000 crore launch pipeline and unsold inventory worth Rs.20,000 crore. "The good news is the first quarter of FY26 itself will see sales of almost Rs.12,000 crore, so the rest of the year should comfortably meet the remaining target," said Prestige chairman and managing director Irfan Razack. DLF Ltd, the country's largest developer by market value, has guided for flat sales of Rs.20,000-22,000 crore in FY26 after achieving Rs.21,223 crore in FY25. Analysts said the Gurugram-based developer's guidance is conservative. "This is conservativegiven the backdrop of strong sustenance sales at 'Dahlias' and because 80% of the new inventory planned for FY26 is likely to be released in Q1FY26, aiding a high take rate for the full year," said Rahul Jain, equity research analyst- real estate at Elara Securities. "Overall, DLF is confident of sustaining strong operating cash surplus, aided by quarterly residential collections." The DLF management in an analyst call on 20 May said that, along with good demand for luxury homes, it also has a strong project pipeline worth over Rs.17,000 crore in the current fiscal year. Macrotech 'Lodha' Developers has guided for Rs.21,000 crore in FY26 sales on the back of strong demand, higher footfall and better conversions and pricing....