Synopsis : Aditya Birla Real Estate (ABREL) is targeting ?15,000 crore in bookings by FY28, banking on a 25% CAGR and strategic launches across India's key realty hubs. Backed by strong financials and marquee partnerships, ABREL is emerging as a formidable player in the real estate sector.
Aditya Birla Real Estate (ABREL), the real estate arm of the Aditya Birla Group, has announced ambitious plans to clock ?15,000 crore in bookings by FY28, propelled by a projected 25% compound annual growth rate (CAGR). The company has already demonstrated strong momentum, having recorded ?8,000 crore in bookings in FY25 and a staggering 77% CAGR over the past five years (FY20–25).
In its Q1FY26 earnings presentation, ABREL reported a 61% year-on-year surge in bookings. The firm aims to launch projects with a gross development value (GDV) of ?13,900 crore in FY26 across major markets such as Thane, Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru, and Pune.
Chairman Kumar Mangalam Birla noted in the FY25 annual report that ABREL’s growth will be driven by continued investments in land acquisition, technology, brand-building, and talent. The company is also evaluating redevelopment opportunities in key urban corridors, while expanding its commercial footprint to tap into rising demand for integrated, modern spaces.
In comparison to industry leaders like Lodha Developers—who are targeting ?46,000 crore in bookings over FY26 and FY27—ABREL is carving its own aggressive growth path, backed by a strategic mix of joint ventures, international partnerships, and a strong launch pipeline.
ABREL’s recent tie-ups include a joint venture with Mitsubishi Estate for the "Birla Evara" project in Bengaluru and a $50 million investment agreement with the International Finance Corporation (IFC) for developments in Pune and Thane.
Financially, ABREL is solidifying its position with net debt currently around ?3,950 crore and a leverage ratio of 1.03x. Proceeds from the divestment of its pulp and paper business to ITC—expected in the coming months—are projected to significantly reduce debt and potentially lead to a net debt-free balance sheet, according to Equirus Securities.
With a GDV of over ?25,000 crore added in FY25 alone, ABREL is poised for sustained growth, supported by its strong parentage, credible brand, and robust financials. Analysts view the company as one of the fastest-growing real estate developers in India, making it a key player to watch in the years ahead.
Disclaimer : This article is for informational purposes only and does not constitute financial advice. Readers are advised to consult with a qualified financial advisor before making any investment decisions.
