NEW DELHI: Ajmera Realty & Infra India has reported first-quarter sales of ₹108 crore for FY26, with 63,244 sq ft sold. Although the performance remained stable, it faced challenges due to project launch delays caused by regulatory issues affecting the sector.
The company experienced a 42% year-on-year increase in collections, reaching ₹234 crore in Q1 FY26, attributed to efficient execution and disciplined cash flow management.
The Mumbai-based developer disclosed that key project launches were postponed because of delays in obtaining necessary permits, a challenge that has also impacted other industry players. Nevertheless, they are actively collaborating with authorities to address these challenges and expedite project timelines.
Dhaval Ajmera, Director of Corporate Affairs, stated, “Our Q1 FY26 results underscore our strengths amidst regulatory hurdles. We are proud of the 42% YoY growth in collections to ₹234 crores, showcasing our operational efficiency. However, the absence of essential approvals has delayed new launches, while a reduced inventory in ongoing projects influenced sales this quarter.”
The company is on track to deliver approximately 1,000 homes in the latter half of FY26, focusing on accelerated construction across six residential projects in Mumbai and Bengaluru. They anticipate a boost in sales momentum in the upcoming quarters.
