Nimbus Group Reports 134.31% YoY Growth in Q1 FY27 Pre-Sales, Reinforcing Strong Momentum Across NCR Realty Market
Noida/ Greater Noida: Nimbus Projects Limited (‘Nimbus Group’), one of North India’s leading real estate developers, today announced a strong operational performance for the first quarter of FY 2026-27. The company reported a 134.31% year-on-year growth in pre-sales booking value, supported by robust residential demand, healthy customer collections, and continued execution across its project portfolio. The strong quarterly performance demonstrates the company’s disciplined execution strategy, customer-centric approach, and growing brand recognition in the rapidly expanding real estate markets of Noida, Greater Noida, and the Yamuna Expressway (YEIDA) region, which continue to benefit from large-scale infrastructure development, enhanced connectivity, and increasing end-user demand, Nimbus Projects said in a press release.
The company recorded a pre-sales booking value of Rs. 157.36 crore during Q1 FY27, compared with Rs. 67.16 crore in the corresponding quarter of the previous financial year. Customer collections also increased significantly to Rs. 75.91 crore from Rs. 50.69 crore, registering a growth of 49.75%. This operational climb reflects improved cash flow realization, sustained customer confidence, resilient demand from both end-users and investors, and efficient project execution supported by improving market fundamentals and infrastructure-led growth across the National Capital Region (NCR).
As part of its long-term growth strategy, Nimbus is expanding beyond the NCR into high-potential markets across Uttar Pradesh. The developer recently signed a Memorandum of Understanding (MoU) for the development of an integrated township project in Mathura, under the Uttar Pradesh Township Policy, 2023. Building on this milestone, the company is actively evaluating opportunities in other high-growth Tier II and Tier III cities through integrated townships and mixed-use developments, targeting locations such as Meerut, Vrindavan, Hapur, Rudrapur, Muzaffarnagar, Bareilly, and Rohtak.
Commenting on the performance, 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.”
