During the 2024-25 fiscal, the company’s sale bookings grew 6 per cent
Ajmera Realty & Infra India Ltd, a leading real estate company with a pan India presence, achieved 6 per cent sales growth in FY25, surging to Rs 1,080 crore from Rs 1,017 crore in FY24.The Company also achieved collection of Rs 646 crore on the strength of faster execution of the projects coupled with consistent sales.
The numbers were supported by sustenance sales across the projects like Ajmera Lugaano & Florenza at about 96% sales, Ajmera Eden & Ajmera Manhattan at about 90% sales, Ajmera Greenfinity at about 71% sales, Ajmera Prive at about 70% sales.
The project launches like Ajmera Vihara, Ajmera Iris, Ajmera Marina in the quarter and sales velocity achieved at Q1 FY25, Q2 FY25, Q4 FY25 and at 65%, 64% & 42% respectively also contributed to the growth trend. Notably, Ajmera Prive applied for the Occupancy Certificate (OC), establishing the fast-track execution of the project completing in about 27 months from its launch.
The Company has further added three projects to its pipeline admeasuring about 7 lakhs sq. ft with an estimated GDV of Rs 2,300 crore. These additions consist of organic, outright buy & as well society redevelopment on the lines of growth strategy undertaken by the Company. With this, the total launch pipeline has increased to about 2.6 mn sq. ft and GDV of Rs 6,800 crore.
Commenting on the Company’s operational performance for FY25, Dhaval Ajmera, Director, Ajmera Realty & Infra India Ltd, said, “As we reflect on FY25, I am pleased to share that it has been a consistent year for Ajmera Realty. We have achieved our pre-sales figures totaling Rs 1,080 crore with further efficiency in sales collection at Rs 646 crores. Despite market fluctuations, our strategic project launches, and customer-centric approach have resulted in sales momentum across our portfolio. We expect resolution of regulatory environment giving the critical approvals for the project launches and thereby fast tracking the launches of expanded project portfolio. This achievement stands as a testament to our unwavering commitment to future growth and our ambitious 5x growth strategy moving forward.”
Ajmera Realty & Infra India Limited has a huge development potential available on its balance land parcel at Ajmera I-Land, Bhakti Park, Wadala and Central Mumbai. Current projects are at Mumbai: “Manhattan”, “Greenfinity”,”Vihara”, “Prive” and “Eden” along with various projects at Bengaluru: “Ajmera Lugaano” and “Ajmera Florenza”.
The Company is focused on premium developments in luxury and mid-luxury projects in the residential segment.
