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Share of top listed cos in home sales up from 6% to 22% in 4 years: study

Together they sold 21.23 mn sq ft area during first three quarters of FY21 (April-December 2020) despite the first wave of Covid-19, up 2% two over the year-ago period

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Raghavendra Kamath Mumbai
The overall housing sales share of the top-8 listed realty players went up from six per cent in FY17 to 22 per cent in FY21, said a new report.

Of the total sales made in the first nine months of FY21 (around 93,140 units) across the top-7 cities, the top-8 listed players’ share stood at 22 per cent while non-listed players’ share was 18 per cent. Non-branded developers accounted for 60 per cent share.

In contrast, of the total 203,000 units sold in top-7 cities in FY17, the share of these top-8 listed players was the lowest at about six