New Delhi, Aug. 27 -- Timely launches of large residential projects in the second half of FY27 will be crucial for listed real estate developers to turn strong housing demand into higher pre-sales, according to a research report by Equirus.

The brokerage said the sector's growth will depend on faster approval clearances, timely project launches, sales momentum and inventory absorption, while developers continue to maintain disciplined supply.

Pre-sales of listed developers fell 26 per cent year-on-year (YoY) and 33 per cent quarter-on-quarter (QoQ) to Rs 366 billion in the first quarter of FY27. The decline was mainly due to weak performance by DLF and Prestige Estates. Excluding these two companies, pre-sales grew 12 per cent YoY, thou...