Nimbus Projects Limited (Nimbus Group), one of North India's leading real estate developers, has reported strong operational performance for the first quarter of FY27, driven by robust residential demand, higher customer collections and continued progress across its project portfolio.

During Q1 FY27, the company recorded a pre-sales booking value of ₹157.36 crore, marking a 134.31% year-on-year increase from ₹67.16 crore reported in the same quarter of the previous financial year.

Customer collections also witnessed healthy growth, rising 49.75% to ₹75.91 crore from ₹50.69 crore in Q1 FY26. The company said the increase reflects stronger cash flow, sustained customer confidence and efficient project execution.

Nimbus Group attributed its quarterly performance to its disciplined execution strategy, customer-focused approach and growing presence in the rapidly developing real estate markets of Noida, Greater Noida and the Yamuna Expressway (YEIDA) region. These markets continue to benefit from major infrastructure developments, improved connectivity and rising demand from homebuyers.

Q1 FY27 Operational Highlights

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."

Looking ahead, the company plans to expand its footprint beyond the NCR by focusing on high-potential markets across Uttar Pradesh. Following the signing of an MoU for an integrated township project in Mathura under the Uttar Pradesh Township Policy, 2023, Nimbus Group is also evaluating opportunities in cities including Meerut, Vrindavan, Hapur, Rudrapur, Muzaffarnagar, Bareilly and Rohtak through integrated township and mixed-use developments.