+
Birla Real Estate Targets Rs 150 Billion Bookings by FY28
Real Estate

Birla Real Estate Targets Rs 150 Billion Bookings by FY28

Aditya Birla Real Estate Ltd (ABREL) is targeting bookings worth Rs 150 billion by FY28, projecting a compound annual growth rate of 25 per cent. In FY25, its subsidiary Birla Estates recorded bookings of Rs 80 billion, while ABREL posted a 61 per cent year-on-year increase in bookings for Q1FY26.
For FY26, ABREL plans to launch projects with a gross development value (GDV) of around Rs 139 billion across Thane, the Mumbai Metropolitan Region, National Capital Region, Bengaluru, and Pune, as stated in its Q1 earnings presentation.
Chairman Kumar Mangalam Birla noted in the FY25 annual report that the company intends to scale across India’s major real estate hubs, supported by investments in land acquisition, technology, branding, and talent.
Between FY20 and FY25, Birla Estates saw a 17-fold increase in residential booking value, with FY25 bookings doubling over FY24. This represents a CAGR of 77 per cent, placing it among the country’s fastest-growing developers.
ABREL targets business development of Rs 150–200 billion annually, according to Equirus Securities. The company currently holds net debt of approximately Rs 39.5 billion, with a leverage ratio of 1.03x. Proceeds from its pulp and paper business divestment to ITC, expected within 3–4 months, could reduce debt to around Rs 20 billion and generate a cash surplus of Rs 12–13 billion — effectively creating a net debt-free balance sheet.
In FY25, ABREL added projects with a total GDV of more than Rs 250 billion. It also entered a joint venture with Mitsubishi Estate for the Birla Evara project in Bengaluru and signed agreements with the International Finance Corporation (IFC) for a Rs 4.2 billion investment in Pune (Manjri) and Thane.
ABREL has begun evaluating redevelopment opportunities in high-potential urban corridors and is expanding its commercial portfolio to meet rising demand for integrated, future-ready real estate offerings. 

Aditya Birla Real Estate Ltd (ABREL) is targeting bookings worth Rs 150 billion by FY28, projecting a compound annual growth rate of 25 per cent. In FY25, its subsidiary Birla Estates recorded bookings of Rs 80 billion, while ABREL posted a 61 per cent year-on-year increase in bookings for Q1FY26.For FY26, ABREL plans to launch projects with a gross development value (GDV) of around Rs 139 billion across Thane, the Mumbai Metropolitan Region, National Capital Region, Bengaluru, and Pune, as stated in its Q1 earnings presentation.Chairman Kumar Mangalam Birla noted in the FY25 annual report that the company intends to scale across India’s major real estate hubs, supported by investments in land acquisition, technology, branding, and talent.Between FY20 and FY25, Birla Estates saw a 17-fold increase in residential booking value, with FY25 bookings doubling over FY24. This represents a CAGR of 77 per cent, placing it among the country’s fastest-growing developers.ABREL targets business development of Rs 150–200 billion annually, according to Equirus Securities. The company currently holds net debt of approximately Rs 39.5 billion, with a leverage ratio of 1.03x. Proceeds from its pulp and paper business divestment to ITC, expected within 3–4 months, could reduce debt to around Rs 20 billion and generate a cash surplus of Rs 12–13 billion — effectively creating a net debt-free balance sheet.In FY25, ABREL added projects with a total GDV of more than Rs 250 billion. It also entered a joint venture with Mitsubishi Estate for the Birla Evara project in Bengaluru and signed agreements with the International Finance Corporation (IFC) for a Rs 4.2 billion investment in Pune (Manjri) and Thane.ABREL has begun evaluating redevelopment opportunities in high-potential urban corridors and is expanding its commercial portfolio to meet rising demand for integrated, future-ready real estate offerings. 

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code