Gaurs Group Reports 12% Increase in Sales Bookings to Rs 5,347 Crore
Realty firm Gaurs Group has reported a 12% increase in sales bookings, reaching Rs 5,347 crore in the first nine months of the fiscal year. This significant growth is attributed to the strong demand for both residential and commercial properties. The company sold approximately 5.92 million square feet of area across 2,578 units, with residential properties constituting nearly 95% of total bookings.
The Delhi-NCR based company had sold properties worth Rs 4,786 crore in April-December 2024. Manoj Gaur, CMD of Gaurs Group, attributed the strong sales performance to the deep trust that homebuyers have in the brand. Over the years, the company's commitment to quality construction, timely delivery, and thoughtfully designed projects has strengthened this relationship with customers.
Sarthak Gaur, Director of Gaurs Group, highlighted that the growth in sales bookings is due to the rising demand for planned residential developments that align with global lifestyle aspirations. He added, “With a strong pipeline of developments and multiple launches lined up for 2026-27, we expect the coming year to be a major phase of expansion with a strong focus on the Yamuna Expressway region.”
India's 28 major listed real estate companies sold properties worth nearly Rs 1.33 lakh crore during the first nine months of this fiscal. Godrej Properties achieved the highest sales bookings at Rs 24,008 crore, followed by Bengaluru-based Prestige Estates Projects Ltd at Rs 22,327.3 crore. DLF Ltd, the country's biggest realty firm in terms of market capitalisation, stood at the third position with pre-sales of Rs 16,176 crore, followed by Lodha Developers (Rs 14,640 crore) and Delhi-NCR-based Signature Global (Rs 6,680 crore).
Gaurs Group, although not yet listed on the stock exchanges, has plans to launch an Initial Public Offering (IPO). Unlisted players generally do not share their sale bookings numbers. Recently, Gaurs Group signed a Memorandum of Understanding (MoU) with Elematic India, the Indian arm of Finland-based Elematic Group, to set up a precast manufacturing facility at Greater Noida with an investment of Rs 100 crore.
To date, Gaurs Group (Gaursons India Pvt Ltd) has developed over 100 million square feet and delivered more than 75,000 homes across 70 projects, including three integrated townships. The company is known for developing residential, commercial, and hospitality projects and also runs a few schools. These initiatives highlight Gaurs Group's commitment to comprehensive and sustainable development in the real estate sector.
