NEW DELHI: Ajmera Realty & Infra India has reported sales of ₹108 crore in the first quarter of FY26, with 63,244 sq ft of area sold. The performance, while steady, was weighed down by project launch delays stemming from sector-wide regulatory challenges.
The company registered a 42% year-on-year rise in collections at ₹234 crore in Q1 FY26, driven by focused execution and cash flow discipline.
The Mumbai-headquartered developer said key project launches were deferred owing to delays in securing necessary permissions—challenges that have also impacted other players in the sector. The company, however, indicated that it is working proactively with authorities to resolve the issues and accelerate project timelines.
Dhaval Ajmera, director – Corporate Affairs, of the company said, “Our Q1 FY26 results reflect both strengths and sector-wide regulatory challenges. We are pleased with the robust 42% YoY growth in collections to ₹234 crores, demonstrating our operational efficiency and project execution. However, the lack of necessary approvals led to delays in new launches, while lower available inventory in existing projects contributed to sales during the quarter.”
The company is preparing to deliver around 1,000 homes by the second half of FY26, with fast-tracked construction across six residential projects in Mumbai and Bengaluru. It expects improved sales momentum in the coming quarters.