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Bhumika Realty's revenue for the year will be supported by the launch of a large-scale mixed-use development in Faridabad, according to a statement. Real estate developer Bhumika Realty, part of the diversified conglomerate Bhumika Group, has set a gross revenue target of Rs 2,000 crore for the current financial year, backed by a diversified development portfolio across prime and emerging markets in the national capital region (NCR), according to a statement. “The company’s revenue for the year will be supported by the launch of a large-scale mixed-use development in Faridabad, a newly signed 1 lakh sq ft commercial project on MG Road, Gurugram, and two residential projects in Gurugram and Faridabad that are at advanced stages of closure," the company said in the statement.
These projects are located in premium, high-demand micro-markets and are expected to significantly contribute to the company’s topline performance in FY25. Uddhav Poddar, CMD of Bhumika Group, said, “Bhumika Realty’s development strategy focuses on creating high-value assets across key NCR locations. Our Rs 2,000 crore revenue target this year is anchored on strategic land acquisitions, strong execution capabilities, and tapping into the growing demand for mixed-use and premium residential spaces.
" In addition to strengthening its presence in Gurugram and Faridabad, the company plans to expand into emerging extended NCR markets such as Sonipat and Panipat. Bhumika Group is also preparing for its entry into the Delhi residential market, further consolidating its position in one of the most competitive real estate corridors in the country, it added. Bhumika Realty is part of the diversified Bhumika Group, which has interests in real estate, hospitality, logistics, and e-commerce, with a group turnover in excess of Rs 3,000 crore across verticals.
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