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Delhi-NCR based real estate developer Gaurs Group reported sales bookings worth INR 5,347 crore during the first nine months of FY2025-26, marking a 12 per cent increase compared with INR 4,786 crore recorded during the same period of the previous fiscal. The company sold around 5.92 million square feet of property across 2,578 units between April and December of the ongoing financial year, with residential developments contributing nearly 95 per cent of total bookings. Company officials attributed the performance to sustained demand for planned residential developments in the National Capital Region. Gaurs Group, which is currently unlisted but is considering a future initial public offering, has developed more than 100 million square feet of real estate and delivered over 75,000 homes across 70 projects. The company continues to expand its development pipeline, particularly along the Yamuna Expressway corridor.
Gaurs Group has reported sales bookings worth INR 5,347 crore during the first nine months of the current financial year, registering a 12 per cent increase compared with INR 4,786 crore recorded during the same period of the previous fiscal year. The Delhi-NCR based real estate developer attributed the growth to sustained demand for residential properties across its projects in the region. Advertisement
According to the company, the sales performance between April and December of FY2025-26 involved the sale of approximately 5.92 million square feet of built-up area across 2,578 units. Residential properties accounted for nearly 95 per cent of the total sales bookings, indicating that housing demand continues to drive the company's overall performance.
Commenting on the results, Manoj Gaur, Chairman and Managing Director of Gaurs Group, stated that the company's sales momentum reflects sustained buyer confidence in its developments. He indicated that the company's focus on construction quality, project delivery timelines and project planning has contributed to strengthening its relationship with homebuyers over time.
Sarthak Gaur, Director at Gaurs Group, stated that the growth in sales bookings has been supported by rising demand for organised residential developments that cater to evolving lifestyle expectations among homebuyers. He added that the company expects the coming financial year to be a phase of expansion as it prepares multiple project launches while focusing particularly on the Yamuna Expressway region in the National Capital Region.
Although Gaurs Group is not currently listed on the stock exchanges, the developer has indicated plans to pursue an initial public offering in the future. Unlisted real estate developers generally do not disclose sales booking figures publicly, making the company's disclosure notable within the industry.
The performance of Gaurs Group is part of a broader trend of strong sales activity among major Indian real estate developers during the current financial year. According to industry data, India's 28 largest listed real estate companies collectively recorded property sales worth around INR 1.33 lakh crore during the first nine months of the fiscal year.
Among listed developers, Godrej Properties reported the highest sales bookings at INR 24,008 crore during the period. Bengaluru-based Prestige Estates Projects followed with sales bookings of INR 22,327.3 crore. DLF Ltd ranked third with pre-sales of INR 16,176 crore, followed by Lodha Developers with INR 14,640 crore and Delhi-NCR based Signature Global with INR 6,680 crore.
Alongside expanding its development pipeline, Gaurs Group has also been strengthening its construction capabilities. Recently, the company signed a memorandum of understanding with Elematic India, the Indian subsidiary of Finland-based Elematic Group, to establish a precast manufacturing facility in Greater Noida. The facility will involve an investment of approximately INR 100 crore.
Over the years, Gaurs Group, formally known as Gaursons India Private Limited, has developed more than 100 million square feet of real estate and delivered over 75,000 homes through around 70 projects, including three integrated townships. In addition to residential developments, the company is also involved in commercial and hospitality projects and operates several educational institutions.
Source - PTI
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