Brigade Enterprises Sees 31% Leap in Property Sales to Rs 7,847 Crore in FY25

Brigade Enterprises, a leading real estate developer in South India, reported a significant 31% increase in property sales to Rs 7,847 crore in FY25, driven by robust demand for residential projects.

Real EstateProperty SalesResidential PropertiesCommercial PropertiesFinancial PerformanceReal Estate NewsMay 17, 2025

Brigade Enterprises Sees 31% Leap in Property Sales to Rs 7,847 Crore in FY25

Real Estate News:New Delhi, May 17 (PTI) - Brigade Enterprises, a prominent real estate firm based in Bengaluru, has reported a remarkable 31% increase in property sales to Rs 7,847 crore in the fiscal year 2025. This surge is attributed to the strong demand for residential properties in the region. In its latest investor presentation, Brigade Enterprises highlighted that it achieved pre-sales of Rs 7,847 crore in FY25, marking a significant growth of 31% over the previous fiscal year. The company's sales bookings, or pre-sales, stood at Rs 6,013 crore in the 2023-24 financial year. Out of the total pre-sales in 2024-25, Brigade Enterprises sold residential properties worth Rs 7,567 crore and commercial properties valued at Rs 280 crore. The pre-sales volume for 2024-25 stood at 7.05 million square feet, demonstrating the company's robust market presence and customer demand. The average realization for the company stood at Rs 11,138 per square foot during 2024-25, a 40% increase over FY24. This growth is primarily driven by the launch of premium projects, which have attracted a higher price point and increased investor interest. In the last fiscal year, Brigade Enterprises launched the highest-ever area of 9.5 million square feet, comprising 11 projects. This strategic expansion has helped the company capitalize on the growing demand for high-quality residential and commercial spaces. On Wednesday, Brigade Enterprises also reported an 18% increase in consolidated net profit to Rs 249.35 crore for the March quarter. The net profit stood at Rs 210.86 crore in the year-ago period. However, total income fell to Rs 1,532.29 crore in the March quarter of the previous fiscal year from Rs 1,762.62 crore in the year-ago period. For the 2024-25 fiscal year, the company's net profit rose to Rs 680.47 crore from Rs 401.04 crore in the preceding year. Total income increased to Rs 5,313.54 crore in the last fiscal year from Rs 5,064.15 crore in the 2023-24 financial year, reflecting the company's strong financial performance and market resilience. Brigade Enterprises is one of the leading real estate developers in the country, with a significant presence in South India. The company specializes in developing residential, office, shopping mall, and hotel projects. It is known for its commitment to quality and customer satisfaction, which has helped it maintain a competitive edge in the market. Looking ahead, Brigade Enterprises plans to list its hospitality venture on stock exchanges. The company 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). This move is expected to further strengthen the company's financial position and expand its reach in the hospitality sector. In conclusion, Brigade Enterprises' strong performance in FY25 underscores its ability to navigate market challenges and capitalize on growth opportunities. With a robust pipeline of projects and a strategic focus on premium developments, the company is well-positioned to continue its upward trajectory in the coming years.

Frequently Asked Questions

What was Brigade Enterprises' total property sales in FY25? A: Brigade Enterprises reported total property sales of Rs 7,847 crore in FY25. Q: By what percentage did Brigade Enterprises' property sales increase in FY25? A: Brigade Enterprises' property sales increased by 31% in FY25 compared to the previous fiscal year. Q: How much did Brigade Enterprises' net profit increase in the March quarter of FY25? A: Brigade Enterprises' net profit increased by 18% to Rs 249.35 crore in the March quarter of FY25. Q: What is Brigade Enterprises' average realization per square foot in FY25? A: Brigade Enterprises' average realization per square foot in FY25 was Rs 11,138, a 40% increase over the previous year. Q: What is Brigade Enterprises' plan for its hospitality venture? A: 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).

Answer not available

Tags:

Related News Articles

Real Estate Maharashtra

RERA Cases Weekly Round-Up: Relief for Homebuyers Across India

From refund orders to structural defect rectification

May 27, 2024

Read Article

Real Estate

From Setback to Success: Kiran Joshua and the Rise of Bhandhan Properties

In Bengaluru, the real estate industry is often marred by fraudulent practices, but Kiran Joshua's journey with Bhandhan Properties stands out as a beacon of trust and growth.

December 31, 2024

Read Article

Real Estate

Credai Rajasthan Real Estate Expo: A Massive Business Opportunity

The Credai Rajasthan Real Estate Expo, set to take place from April 17-20, is anticipated to generate over Rs 60 crore in on-spot business, with more than 40 real estate projects on display.

April 9, 2025

Read Article

Real Estate Mumbai

Property Registrations in Mumbai Surge 13% During Navratri: Knight Frank Report

Property registrations in the Mumbai municipal region witnessed a 13% increase during the Navratri festival this year, with a total of 5,199 units registered compared to last year's figures.

October 17, 2024

Read Article

Real Estate Pune

Gera Developments Welcomes Anthony Gonsalves as New COO

Gera Developments, a leading real estate company with a strong presence in Pune, Goa, and Bengaluru, has announced the appointment of Anthony Gonsalves as their Chief Operating Officer. This move is expected to bolster the company's operations and drive f

February 25, 2025

Read Article

Real Estate

3 Undervalued Stocks with Book Value 500% Higher than Market Cap

Discover three stocks that have a book value significantly higher than their market capitalization, making them attractive buys for value investors. These companies, primarily in the real estate sector, offer a unique opportunity for long-term growth.

April 19, 2025

Read Article