 "The year was a mixed bag for the real estate industry as housing supply slowed down but record investments came in. Industry experts believe that demand will stabilise as sales are likely to be lower compared to 2023.")
India’s top listed real estate developers may report a mixed quarterly performance in terms of sales and revenues in the fourth quarter of 2024-25 (Q4FY25) because some of them missed their pre-sales guidance due to launch delays and moderate residential demand across major cities.
“Pre-sales and price growth seen in the past 3 years have strong embedded profits. As such, accounting profits are likely to improve on a year-on-year (Y-o-Y) basis. But collections and operating cash flows are likely to remain tepid at 0-5 per cent due to slower sales velocity while fixed costs and business development commitments remain elevated,”
