Ajmera Realty & Infra India Ltd (ARIIL) has announced its performance for Q2FY25, achieving impressive sales of INR 254 crore and collections of INR 133 crore. This reflects a 1% increase in sales and a significant 20% rise in collections year-on-year, showcasing the company's robust performance. The company saw strong demand across its diverse portfolio, which includes luxury projects like Ajmera Manhattan and Ajmera Prive, as well as affordable housing options such as Ajmera Vihara, which successfully sold 49% of its units. Looking ahead, Ajmera Realty plans to launch new projects in the second half of FY25, particularly focusing on the upcoming festive season.
Ajmera Realty & Infra India Ltd (ARIIL), a player in the Indian real estate sector, continues its steady growth across various projects. The company's portfolio includes luxury residential properties such as Ajmera Manhattan and Ajmera Prive, affordable housing like Ajmera Vihara in Bhandup, and commercial developments. Ajmera is well-known for catering to a diverse market, balancing high-end and affordable housing options with commercial projects.
For the second quarter of the fiscal year 2025 (Q2FY25), Ajmera Realty reported sales of INR 254 crore and collections of INR 133 crore. This marks a 1% increase in sales and a 20% rise in collections compared to the same period last year, indicating stable and continuous growth.
The company's sales performance reflects strong market demand, with a notable rise in collections pointing to operational improvements and increasing customer confidence. This positive momentum was spread across its key projects.
Several developments contributed significantly to the Q2FY25 performance. Ajmera's premium properties, including Ajmera Manhattan and Ajmera Prive, saw 24% of their available inventory sold, showcasing ongoing demand in the luxury segment. The recently launched Ajmera Vihara in Bhandup achieved rapid success, selling 49% of its units, marking a strong debut in this market. Ajmera Greenfinity also witnessed remarkable traction, with its first phase completely sold out, further indicating the strength of the mid-segment housing market. On the commercial front, Ajmera Nucleus in Bengaluru reported the sale of 29% of its pre-leased units, reflecting progress in the company's commercial portfolio.
Dhaval Ajmera, Director of Ajmera Realty, commented on the company's performance, noting that the sales were well distributed across the company's diverse projects. He highlighted the quick success of Ajmera Vihara and the steady sales of luxury developments as key factors that have strengthened Ajmera Realty's market position. He also noted that the company's commercial project in Bengaluru is performing well, reflecting the effectiveness of its strategy in the commercial real estate sector.
Looking forward, Ajmera Realty plans to launch several new projects in the second half of FY25, particularly around the festive season, a period known for high demand in the real estate market. With favourable market regulations promoting transparency, the company remains confident in achieving its annual targets and capturing new growth opportunities to deliver value to its stakeholders.
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