B-Right RealEstate Limited’s step-down subsidiary Parth Construction has entered into an agreement with Keystone Realtors Limited for the sale of FSI and PTC. The transaction, valued at Rs 143.45 crore, involves the sale of 176 units spanning 8,800.74 sq. meters. This move is part of the company's strategy to realize value from its ongoing SRA redevelopment projects.

The assets sold are part of the Ambika Nagar project, a landmark SRA redevelopment initiative located in Jogeshwari East. The project is strategically positioned within 500 meters of the Western Express Highway and spans over 10,223 sq. mtrs. It focuses on providing affordable housing units and is expected to be completed by March 2028.

The Ambika Nagar project has demonstrated strong market performance, achieving pre-sales of approximately Rs 506.73 crore to date. Phase 1 of the project is already sold out, indicating robust demand for the housing units offered. The sales momentum highlights the project's appeal and supports its continued growth trajectory.

B-Right RealEstate Limited is a Mumbai-based social real estate development company concentrating on redevelopment, SRA, and urban transformation projects. The company has established a presence across key Mumbai micro-markets through a diversified portfolio supported by strong execution capabilities and prudent capital allocation.

B-Right RealEstate Limited has been conferred the “Excellence In Integrated Property Solutions” award at the Crafting Bharat Business Conclave & Awards 2026, recognizing its commitment to customer-centric and value-driven real estate solutions. The award underscores the company's efforts in project execution, redevelopment, and integrated property development. This recognition comes as the company reported strong operational performance for FY26, marked by significant financial growth and expanded market presence.

Financial Performance in FY26

The company achieved robust financial results during the fiscal year, driven by the successful execution of its business strategy. Revenue increased by 62% year-on-year to ₹169.9 crore, while EBITDA grew by 366% to ₹67.7 crore. Net profit surged by 1,974% to ₹35.1 crore. Additionally, the company recorded pre-sales of ₹286.4 crore and robust collections of ₹124.2 crore during the year. The company also crossed the ₹1,000 crore market capitalization milestone, reflecting investor confidence.

Growth Prospects and Pipeline

Looking ahead, the company has identified substantial growth opportunities through its ongoing and upcoming projects. The ongoing projects offer an estimated revenue potential of approximately ₹1,840 crore. The upcoming project pipeline is expected to generate a Gross Development Value (GDV) exceeding ₹7,500 crore. With over 10 million sq. ft. currently under development across multiple projects in Mumbai, the company aims to strengthen its market presence and deliver sustained long-term growth.

Leadership and Strategic Focus

Mr. Sanjay Nathal Shah, Chairman and Managing Director, attributed the recognition to the dedication of the team and the company's focus on quality developments. He emphasized that the accolade inspires the company to continue raising industry standards through innovation and a customer-centric approach. The company remains focused on driving sustainable growth and creating long-term value for customers, investors, and communities through its redevelopment and urban transformation projects.