Birla Estates FY26 Bookings Cross Rs 8,136 Crore

Birla Estates, the residential arm of Aditya Birla Real Estate Limited (ABREL), has closed FY26 with a booking value of Rs 8,136 crore, up nearly 1.7 per cent over the previous year. Birla Estates reported FY26 bookings of Rs 8,136 crore, up 1.7 per cent YoY, supported by strong demand in NCR and Bengaluru and a focus on premium residential developments. This follows an already strong FY25, when the company had posted bookings of about Rs 8,000 crore, meaning the FY26 number builds on a high base rather than a low one.

Collections, a key indicator of cash flow health for developers, grew even faster than bookings. Birla Estates' collections for the year stood at approximately Rs 3,342 crore, up 23.5 per cent YoY. The company also stayed active on the launch front, with eight projects launched during the same period spread across its four core markets.

NCR was the standout region for the year. NCR led the company's overall performance in FY26, driven by strong bookings for newly launched projects and sustained traction in established developments, with Birla Arika (Phase 2) in Gurugram's Sector 31 achieving bookings exceeding Rs 1,600 crore, with nearly 97 per cent of the residences open for sales getting sold within a month of launch. Another Gurugram launch, Birla Pravaah in Sector 71, saw an even sharper absorption rate — the company's other project in Gurugram, Birla Pravaah, achieved a booking value of approximately Rs 1,851 crore, with all 492 units getting sold out within 24 hours of launch.

Bengaluru was the second-biggest contributor. In Bengaluru, the company witnessed strong traction with the launch of the fourth phase of Birla Trimaya, which generated bookings of approximately Rs 649 crore, while Birla Evara, a premium project in the same city, clocked bookings of over Rs 1,044 crore. Pune also emerged as a growth market, with Pune emerging as a high-growth market driven by strong absorption in new launches of Birla Evam and Birla Punya.

MMR marked a strategic shift for the developer. The company entered Mumbai's competitive redevelopment segment for the first time, with its entry into the redevelopment segment with a project in Khar West, Mumbai, which has an estimated revenue potential of Rs 1,700 crore. It also expanded in Thane, where the company also launched Birla Taranya in the Thane micro-market, recording bookings of around Rs 952 crore with approximately 627 units sold, and diversified into plots via the plotted development segment with the launch of Birla Mrida in Boisar.

Commenting on the results, K T Jithendran, MD & CEO of Birla Estates, said the year reflects the strength of our growth strategy, anchored in thoughtfully designed development and disciplined capital allocation, with performance driven by strong demand for differentiated, premium offerings, particularly in NCR and Bengaluru. He added that the company would keep deepening its presence in key markets, accelerating launches, and delivering high-quality living experiences.

The numbers land against a mixed broader market backdrop. The companies' performance comes at a time when FY26 housing sales across the top Indian cities declined 4.43 per cent YoY, according to Anarock, a real estate consultancy firm. Among listed peers, Birla Estates' Mumbai-based peers Lodha Developers, Godrej Properties, and Oberoi Realty reported FY26 bookings at Rs 20,530 crore (up 16 per cent YoY), Rs 34,171 crore (up 16 per cent YoY), and Rs 5,447 crore (up 3.14 per cent YoY), putting Birla Estates' growth on the more modest end of a sector where several rivals posted double-digit gains.

For homebuyers, the results point to a developer with strong on-ground execution in Gurugram and Bengaluru micro-markets, rapid sell-outs on new launches, and a widening footprint that now includes Mumbai redevelopment and plotted development in Boisar. Buyers evaluating Birla-branded projects can take the near-complete sell-outs at Arika and Pravaah, and the healthy collection growth, as signals of sustained demand and steady project funding across the company's portfolio.