propnewstime.com-Listed real estate players in India anticipate robust pre-bookings and collections in FY25
According to a recent study by CareEdge Ratings, the listed real estate players are expected to witness robust growth in their pre-bookings and collections in FY25. The pre-bookings are forecast to exceed INR 1,30,000 crore, while the collections are expected to reach over INR 80,000 crore, representing a 15-20% increase from FY24 levels. The credit profiles of established players are anticipated to remain stable, supported by their comfortable cash flow positions.
The combination of solid collections and an asset-light growth model will likely maintain the robust balance sheets of leading listed companies. The aggregate debt-to-collection ratio is expected to remain below 0.70 times, indicating a healthy financial position.
CareEdge Ratings anticipates the housing demand to remain resilient over the next two years, with a projected growth of 10-15% in launches and sales. This demand is characterised by robust sales momentum, reduced inventory overhang, an increasing preference for premium units, rising land prices, and higher input costs, which are expected to lead to an inevitable increase in property prices.
