Brigade Enterprises Reports 31% Rise in Property Sales to ₹7847 Crore in FY 2024-25
Bengaluru-based real estate firm Brigade Enterprises achieved a significant 31% increase in property sales, totaling ₹7847 crore in the fiscal year 2024-25, driven by strong demand for residential properties.
Property SalesReal EstateBrigade EnterprisesBengaluruFiscal YearReal EstateMay 18, 2025
In its latest investors' presentation, Bengaluru-based Brigade Enterprises highlighted that the company achieved pre-sales of ₹7,847 crore in FY25, marking a significant 31% growth over FY24. The sales bookings or pre-sales stood at ₹6,013 crore in the 2023-24 financial year.
Out of the total pre-sales in 2024-25, Brigade Enterprises sold residential properties worth ₹7,567 crore and commercial properties valuing ₹280 crore. The company's pre-sales volume for 2024-25 stood at 7.05 million square feet.
The average realization stood at ₹11,138 per square foot during 2024-25, a 40% increase over FY24, driven by the launch of premium projects. The company launched the highest-ever area of 9.5 million square feet, comprising 11 projects in the last fiscal year.
On Wednesday, Brigade Enterprises reported an 18% increase in consolidated net profit to ₹249.35 crore for the March quarter, up from ₹210.86 crore in the year-ago period. However, total income fell to ₹1,532.29 crore in the March quarter of the previous fiscal year from ₹1,762.62 crore in the year-ago period.
For the full fiscal year 2024-25, the company's net profit rose to ₹680.47 crore from ₹401.04 crore in the preceding year. Total income increased to ₹5,313.54 crore in the last fiscal year from ₹5,064.15 crore in the 2023-24 financial year.
Brigade Enterprises is one of the leading real estate developers in the country, with a significant presence in South India. The company is involved in the development of residential, office, shopping mall, and hotel projects.
Brigade plans to list its hospitality venture on stock exchanges and has already filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO).
Frequently Asked Questions
What was the total property sales value for Brigade Enterprises in FY 2024-25?
Brigade Enterprises reported property sales worth ₹7,847 crore in FY 2024-25.
What was the percentage increase in property sales compared to the previous fiscal year?
The property sales increased by 31% compared to the previous fiscal year.
How much of the total pre-sales in 2024-25 were from residential properties?
Out of the total pre-sales in 2024-25, ₹7,567 crore were from residential properties.
What was the average realization per square foot in 2024-25?
The average realization per square foot in 2024-25 was ₹11,138, a 40% increase over FY24.
What significant steps is Brigade Enterprises planning for its hospitality venture?
Brigade Enterprises plans to list its hospitality venture on stock exchanges and has filed a Draft Red Herring Prospectus (DRHP) with SEBI to launch an Initial Public Offering (IPO).
Related News Articles
Mhada Identifies 20 Dangerous Cessed Buildings in Mumbai
The Mumbai Buildings Repairs and Reconstruction Board (MBRRB) has released a list of 20 dangerous and inhabitable buildings in Mumbai.
Oberoi Realty Secures NCLT Approval for Nirmal Lifestyle Acquisition
Oberoi Realty has received approval from the National Company Law Tribunal (NCLT) to acquire Nirmal Lifestyle, enhancing its presence in Mumbai's competitive real estate market. This move strengthens Oberoi's growth outlook, especially in suburban and hig
Siddhant Das to Resign as ORERA Chairman to Take Up New Role
Siddhant Das has given a three-month notice to the Odisha government to step down as Chairman of the Odisha Real Estate Regulatory Authority (ORERA) in order to assume the position of Chairman of the Central Empowered Committee (CEC) under the Ministry of
Ayushmann Khurrana and Wife Rent Out Their Luxury Apartment in Mumbai for ₹90,000 per Month
Mumbai Real Estate: Ayushmann Khurrana and his wife have decided to rent out their 2200 sq ft luxury apartment in Imperial Heights Tower CHS Ltd, located in Goregaon West, for ₹90,000 per month.
Karnataka Real Estate Scandal: Siddaramaiah Under Intense Scrutiny
Enforcement Directorate Seizes Assets in Maharashtra Money Laundering Case. Unveiling the Rs 16.85 Crore Land Allotment Scandal. RIICO...
Shah Rukh Khan Secures Major Victory in ITAT Ruling: A Deep Dive into Foreign Tax Credit
Shah Rukh Khan, one of Bollywood's most prominent stars, has emerged victorious in a significant ITAT ruling. This article delves into the details of the ruling and explains the implications of foreign tax credit for Indian celebrities and businesses.