Ajmera Realty & Infra India Ltd reported an impressive 7% year-on-year growth to ₹270 crore for sale bookings during the December quarter. The impressive growth driven by buoyant housing demand shows the company’s steady performance in an evolving real estate market.
Consistent growth in pre-sales is reflected in the current numbers that show robust growth compared to sale bookings of ₹253 crore in the same quarter last year. During the nine-month period from April to December in the 2024-25 financial year, Ajmera Realty recorded a sales growth of 14% to ₹830 crore, up from ₹730 crore in the same period last year.
The factors behind the performance of Ajmera Realty
Dhaval Ajmera, Director of Ajmera Realty, attributed these numbers to the success of their new launches and low inventory across portfolios.
“Velocity of the launched portfolio contributed over 40% of our sales in the first nine months of 2024–25. It reflected our ability to reply to market demand,” he said.
With these underlying premises, it is clear that the vision for strategic pre-qualification with a constant product-market fit with views on delivery quality and customer preferences has been supporting the upward momentum.
Looking up
Ajmera Realty intends to be up-front and take advantage of its success by launching new projects in the next quarter.
“Our company, with the successful completion of our recent preference issue, is well-capitalized,” Dhaval Ajmera said.
Market sentiments have improved with stable repo rates from the Reserve Bank of India and the anticipated easing, creating a favourable environment for the real estate sector.
“As we enter 2025, we would expect solid sales growth underpinned by rate cuts and better macroeconomic conditions,” Dhaval added.
Sustaining momentum
Strategic planning and customer-centricity remain the pillars of Ajmera Realty’s growth. With an enviable portfolio and the financial wherewithal, the company is positioned even better to establish its position within the real estate market.
