Financial23 Apr 2026

Birla Estates Reports FY26 Booking Value of ₹8,136 Crore, Up 1.7% YoY with 23.5% Collections Growth

FY26 Bookings Edge Higher as Premium Demand Sustains

Birla Estates reported a booking value of ₹8,136 crore for the financial year 2026, up 1.7 per cent year-on-year, with collections rising to approximately ₹3,342 crore, up 23.5 per cent year-on-year. The company's performance was driven by tapping into continued premium residential demand, with a focus on catering to homebuyer needs of integrated community ecosystems, coupled with the assurance of a trusted legacy-led developer brand.

The company's performance comes at a time when FY26 housing sales across the top Indian cities declined 4.43 per cent year-on-year, according to Anarock, a real estate consultancy firm, underscoring Birla Estates' relative resilience in a contracting market. The company achieved 8 successful project launches, with collections rising by 23.5 per cent year-on-year.

NCR Leads with Near-Complete Sell-Through on Launches

NCR led the company's overall performance in FY26, driven by strong bookings for newly launched projects and sustained traction in established developments. Birla Arika (Phase 2) in Gurugram's Sector 31 achieved bookings exceeding ₹1,600 crore, with nearly 97 per cent of the residences open for sales getting sold within a month of launch. Birla Pravaah in Sector 71 recorded ₹1,851 crores in bookings.

Birla Pravaah achieved complete sellout within 24 hours of launch. Both projects reflect the buying momentum for new premium offerings in India's capital region, where the company focused on design differentiation and execution excellence to sustain growth momentum, with NCR emerging as the leading contributor to overall bookings.

Bengaluru: Trimaya and Evara Support Multi-Phase Growth

Birla Trimaya Phase 4 and Birla Evara reported robust bookings, reaching approximately ₹649 crore and over ₹1,044 crore, respectively. Bengaluru delivered robust traction, supported by Phase 4 of Birla Trimaya generating around Rs 649 crore in bookings, and Birla Evara in Sarjapur contributed over Rs 1,044 crore.

Both projects address the city's sustained demand for premium housing in the airport corridor and eastern geographies. Birla Trimaya is a 52-acre integrated smart township located on Shettigere Road, Devanahalli, in North Bengaluru, with 2,600 homes planned across 28 residential towers.

MMR Expansion: Mumbai Redevelopment Entry and Thane Momentum

The company marked its entry into the lucrative Mumbai redevelopment market, signalling strategic expansion. The company entered the Mumbai redevelopment market with a project in Khar West boasting an estimated revenue potential of ₹1,700 crore.

MMR expansion included Mumbai redevelopment entry and Birla Taranya in Thane with ₹952 crores in bookings. Birla Taranya recorded bookings of around Rs 952 crore with approximately 627 units sold. This marks Birla Estates' formal shift into the MMR market, building on its established NCR and Bengaluru presence.

Collections Acceleration Signals Execution Momentum

The 23.5 per cent year-on-year jump in collections—outpacing the 1.7 per cent rise in bookings—reflects strong pace of construction disbursements across the portfolio. The company successfully launched 8 new projects across four key regions, underpinned by a 23.5 per cent year-on-year increase in collections, reflecting strong operational execution and sustained demand for premium residential ecosystems.

Corporate Achievements Enhance Brand Positioning

Birla Estates strengthened its brand positioning through key strategic associations and industry recognitions during FY26, including partnership as the Principal Sponsor of Gujarat Titans for Indian T20 League 2026 season, being named among ET Now's Best Organisations for Women 2026, and receiving the 'Sword of Honour' from British Safety Council.

Developer Context: A Decade of Scale in Premium Housing

Birla Estates ventured into real estate in 2016, and during 2020–2025 residential booking value increased by 17 times with a 77% compound annual growth rate from FY20 to FY25. The parent Aditya Birla Group operates across 41 countries and six continents. Birla Estates is a leading Indian real estate developer and a subsidiary of Aditya Birla Real Estate Ltd.

In a short span of time Birla Estates has established itself as a brand of choice in the real estate industry, developing premium/higher mid-income residential housing. The company is headquartered at Mumbai and currently has regional offices in Mumbai, NCR, Bangalore and Pune.

Outlook and Strategy

K T Jithendran, managing director and chief executive officer, Birla Estates, said FY26 reflects the strength of the company's growth strategy, anchored in thoughtfully designed development and disciplined capital allocation, driven by strong demand for differentiated, premium offerings, particularly in NCR and Bengaluru, with the company remaining focused on deepening presence in key markets, accelerating launches, and delivering high-quality living experiences.

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