Mumbai, July 17 -- The Bansal Family has said it has built one of India's largest privately held real estate businesses with a Gross Development Value (GDV) of over Rs 1,287,310 million (mn) and a fully paid land bank of more than 3,000 acres, of which about 26 per cent has been utilised. The family has announced an investment roadmap of approximately Rs 100,000 mn for FY27 targeting construction and strategic land acquisitions while remaining net debt-free, one hundred per cent promoter-owned and carrying an investment-grade rating.
Over the last fifteen years the family group has expanded a diversified platform across luxury residential, branded residences, premium and bridge-to-luxury housing, destination retail and emerging commercial formats. The group has delivered 30.6 million (mn) sq. ft. across 34 projects including more than 14,000 homes and is currently developing 57.2 million (mn) sq. ft. across 40 ongoing projects, with plans to deliver an additional 1,000 homes over the next three months. The group reported the highest residential delivery volume in the NCR for the last three consecutive years.
Concentrating on the National Capital Region has enabled the group to scale deeply in a single market and to record nearly US$1.8 billion (bn) in FY26 pre-sales from that market alone, the company has stated. The family has also positioned itself as North India's largest retail developer with over 11.2 million (mn) sq. ft., and has expanded into Noida with a nearly 1 million (mn) sq. ft. premium retail asset under the M3M The Cullinan Emporium brand.
The development mix spans branded residences, bridge-to-luxury and premium and luxury housing alongside retail, office and industrial formats, with branded residences accounting for eight per cent of saleable area but nearly 16 per cent of GDV. Branded residences represent revenue potential in excess of Rs 200,000 mn and the group is in advanced discussions to introduce five to six additional global luxury brands. The family has also earmarked a Rs 35,000 mn investment pipeline tied to ELIE SAAB branded projects in Gurugram.
The company presents its focused strategy and large available land bank-nearly three-fourths of developable land remains for future monetisation-as a platform for long-term value creation and balanced growth across asset classes. With disciplined execution and a stated intent to evolve into a global lifestyle enterprise spanning hospitality, retail and commercial developments, the group says it is well placed to capitalise on structural demand for premium housing and branded real estate.
Published by HT Digital Content Services with permission from Construction World.