Justo Realfintech Expands Portfolio with ₹1,545 Crore in New Mandates
Justo Realfintech Limited has expanded its business portfolio with new sales mandates worth over ₹1,545 crore, pushing its total portfolio value beyond ₹4,500 crore. The new mandates cover 1,385 units across residential and commercial projects in Pune and Mumbai, spanning approximately 13,29,373 square feet. The company will provide comprehensive services including launch strategy, pricing, digital demand generation, and booking operations. These mandates are expected to generate an estimated revenue potential of ₹39-43 crore for Justo Realfintech, representing a growth rate of over 50% in its mandate portfolio.
*this image is generated using AI for illustrative purposes only.
Justo Realfintech Limited, a prominent player in India's real estate mandate sector, has announced a significant expansion of its business portfolio. The company has secured new sales mandates worth over ₹1,545 crore, pushing its total portfolio value beyond the ₹4,500 crore mark.
New Mandate Details
The newly acquired mandates span across multiple residential and commercial projects in Pune and Mumbai, covering a total of 1,385 units. These projects represent a cumulative area of approximately 13,29,373 square feet. The estimated Gross Development Value (GDV) of these new mandates exceeds ₹1,545 crore.
Project Overview
| Developer | Project Name | Location | Units | Rate (₹/sq.ft.) | Area (sq.ft.) | Project Value (₹ crore) |
|---|---|---|---|---|---|---|
| Sukhwani Ramchandani LLP | Minerva | Pune | 141 | 9,475 | 1,92,000 | 182.00 |
| Chandraranga Developers & Builders Pvt. Ltd. | Chandraranga | Pune | 108 | 8,350 | 2,60,000 | 217.10 |
| Abhinav Realty Spaces LLP | Pebbles | Mumbai | 928 | 11,500 | 6,81,590 | 783.83 |
| Trimity Realty LLP | Stellar | Mumbai | 208 | 18,500 | 1,95,783 | 362.20 |
These projects are strategically located in high-demand micro-markets of Pune and Mumbai, offering a mix of premium residential and mixed-use developments.
Comprehensive Services
Justo Realfintech's mandate includes end-to-end go-to-market execution for these projects. This encompasses:
- Launch strategy
- Pricing
- Tranche releases
- Digital demand generation
- Channel-partner distribution
- On-site experience management
- Booking operations via Justo's proprietary technology platform
The company will also facilitate buyer financing through bank/NBFC tie-ups and provide real-time inventory visibility and CRM workflow orchestration to optimize sales velocity and realization.
Financial Implications
These new mandates are expected to generate an estimated revenue potential of ₹39 crore to ₹43 crore for Justo Realfintech, assuming a success ratio of 75% to 85%. This expansion represents a growth rate of over 50% in the company's mandate portfolio.
Market Position
With this addition, Justo Realfintech's cumulative mandate portfolio has now surpassed ₹4,500 crore. The company's success continues to be anchored in its core strength of repeat business and deep client trust.
Puspamitra Das, Chairman & Managing Director of Justo Realfintech Limited, commented on the development: "The addition of these projects takes our cumulative mandate portfolio to over ₹4,500 crore, reflecting both momentum and market confidence. We are witnessing a phase of aggressive growth driven by strategic wins, repeat developer engagements, and strong on-ground execution."
It's important to note that Justo Realfintech acts solely as a sales and marketing mandate partner and is not the promoter or developer of these projects. The company's role is to leverage its expertise in real estate sales and marketing to drive the success of these developments.
As Justo Realfintech continues to expand its portfolio and strengthen its market position, investors and industry observers will be keen to watch how this growth translates into financial performance in the coming quarters.
16
