Macrotech Developers Ltd, formerly known as Lodha Developers, reported a 10.4% year-on-year increase in pre-sales to Rs 4,450 crore and a 7.1% rise in collections to Rs 2,880 crore for the first quarter of fiscal year 2026. The company added five new projects across Mumbai Metropolitan Region, Pune, and Bengaluru with a combined gross development value of Rs 22,700 crore. Despite the year-on-year growth, Lodha Developers' shares fell nearly 2% due to a 7% quarter-on-quarter decline in pre-sales. The real estate sector showed overall momentum in Q1FY26, with other major players like Sobha Realty reporting a record 26% sales growth and Phoenix Mills posting a 12% increase in retail growth alongside stable leasing and improved hospitality. The realty market saw land deals worth Rs 31,000 crore in the first half of 2025, with a record 2,900 acres transacted, surpassing the total for 2024. India's office market is also on track for a record year in 2025, with 39.45 million square feet leased in the first half. Brokerages remain bullish on the sector, highlighting strong project visibility and sustained sales growth across key developers including Lodha, Oberoi Realty, Sobha Realty, DLF, Prestige, and Godrej Properties.