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New sales for Q4 FY25 reached ₹69,574 million, showing a robust 48% year-on-year increase, driven by strong market response to premium properties. Sales volume improved to 4.49 million square feet, up 9% YoY, with 2,301 units sold in the quarter. The average price per square foot for apartments, villas, and commercial properties rose 25% YoY to ₹15,524, while the average for plotted developments increased by 27% to ₹6,975. However, collections dipped by 9% YoY to ₹31,551 million.
For the full FY25, new sales totaled ₹170,231 million, reflecting a 19% decline driven by deferred launches due to approval delays. Sales volume for the year fell 38% to 12.58 million square feet. Average realizations for residential and commercial properties grew significantly, with apartments at ₹14,113 per square foot (up 36% YoY) and plotted sales at ₹7,167 (up 50% YoY). Collections remained stable, totaling ₹120,840 million, and the company launched expansive 26.28 million square feet throughout the year.
Office leasing stood at 4.10 million square feet, maintaining over 90% occupancy, while retail properties achieved a gross turnover of ₹22,640 million with a footfall of 18 million and occupancy rates at nearly 99%. Looking ahead, the company aims to increase its presence in new markets, capitalizing on strong demand for quality real estate.