Mumbai: Nimbus Projects Limited (Nimbus Group), one of North India’s leading real estate developers, reported a sharp increase in operational performance during the first quarter of FY 2026-27, with pre-sales more than doubling year-on-year. The growth was driven by sustained residential demand, stronger customer collections, and continued execution across its project portfolio in the National Capital Region (NCR).
During the quarter, the company recorded pre-sales booking value of Rs.157.36 crore, compared with Rs.67.16 crore in the corresponding period of the previous financial year, representing a 134.31% year-on-year increase.
Customer collections also witnessed healthy growth, rising to Rs.75.91 crore from Rs.50.69 crore in Q1 FY26, an increase of 49.75%. According to the company, the improvement reflects stronger cash flow realization, sustained customer confidence, and disciplined project execution.
Nimbus Group attributed the quarterly performance to its execution-focused strategy, customer-centric approach, and growing brand presence across the real estate markets of Noida, Greater Noida, and the Yamuna Expressway (YEIDA) region. These markets continue to benefit from infrastructure expansion, improved connectivity, and increasing demand from end-users.
Key Operational Highlights – Q1 FY27
| Particulars | Q1 FY25-26 | Q1 FY26-27 | Growth |
|---|---|---|---|
| Presales Booking Value (INR Cr.) | 67.16 | 157.36 | 134.31% |
| Customer Collection (INR Cr.) | 50.69 | 75.91 | 49.75% |
The company said the operational performance reflects resilient demand from both homebuyers and investors, supported by improving market fundamentals and infrastructure-led growth across the National Capital Region.
Commenting on the performance, Mr. Bipin Agarwal, Chairman and Managing Director, said, “The strong growth in pre-sales reflects sustained homebuyer confidence and healthy demand across our key markets. Our focus on timely execution and a disciplined sales strategy continues to support the steady conversion of bookings into collections, strengthening our cash flow position.
Looking ahead, the NCR, particularly Noida, Greater Noida and the Yamuna Expressway (YEIDA) corridor, is witnessing unprecedented infrastructure-led transformation. The launch of Noida International Airport, Ganga Expressway, expanding metro connectivity, industrial and logistics hubs, along with the proposed Japan City and Singapore City developments, have the potential to significantly enhance the region’s investment appeal and reinforce long-term demand for quality residential and mixed-use developments.
As part of our long-term growth strategy, Nimbus is expanding beyond the NCR into high-potential markets across Uttar Pradesh. We have recently signed a Memorandum of Understanding (MoU) for the development of an integrated township project in Mathura, one of India’s most revered holy cities, under the Uttar Pradesh Township Policy, 2023. We believe Mathura’s growing religious tourism, improving infrastructure and increasing demand for organised real estate make it an attractive long-term growth market.
Building on this milestone, we are actively evaluating opportunities in other high-growth Tier II and Tier III cities, including Meerut, Vrindavan, Hapur, Rudrapur, Muzaffarnagar, Bareilly and Rohtak, through integrated townships and mixed-use developments. With our disciplined execution capabilities and customer-first philosophy, Nimbus is well-positioned to capitalize on these emerging opportunities while creating sustainable long-term value for our customers, investors and all stakeholders.”
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Nimbus Group’s latest quarterly performance comes as infrastructure-led development continues to reshape key real estate corridors across NCR. Alongside its established presence in Noida, Greater Noida and the Yamuna Expressway region, the developer is pursuing expansion into emerging markets across Uttar Pradesh through integrated township and mixed-use development projects, aligning its long-term strategy with the evolving demand for organised residential real estate.
