Nimbus Projects Reports 43% YoY Growth in Q3 FY26 Pre-Sales; Express Park View-II Achieves Full Completion

2 min read | Published on 05 Feb 2026, 06:29 PM |Updated on 05 Feb 2026, 06:29 PM

Reviewed by

Radhika SScanX News Team

Key Highlights

Nimbus Projects Limited delivered strong Q3 FY26 results with 43% year-on-year growth in pre-sales to Rs 147.58 crore and customer collections rising to Rs 75.87 crore from Rs 21.46 crore. The company achieved full completion of Express Park View-II project with completion certificate for balance 310 flats. The project comprises 1,630 flats and 40 shops with total sales consideration of Rs 835.16 crore, demonstrating the company's execution capabilities in the NCR residential market.

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Nimbus projects Limited has reported robust operational performance for the third quarter of FY 2025-26, demonstrating strong momentum in the residential real estate segment. The North India-based real estate developer achieved significant growth in pre-sales and customer collections while reaching a major project completion milestone.

Financial Performance Highlights

The company's Q3 FY26 performance showed substantial improvement across key operational metrics:

Metric	Q3 FY26	Q3 FY25	Growth
Pre-sales Booking Value	Rs 147.58 crore	Rs 103.14 crore	43% YoY
Customer Collections	Rs 75.87 crore	Rs 21.46 crore	253% YoY

The significant increase in customer collections reflects improved cash flow realisation and sustained demand in the residential segment, indicating strong execution capabilities and market acceptance of the company's projects.

Express Park View-II Project Completion

Nimbus Realty achieved a key operational milestone with the completion of Express Park View-II project. The company received the Completion Certificate dated 28th January 2026 for the balance 310 flats, covering approximately 4.26 lakh sq. ft. of saleable area. This development marks the full completion of the project, with certificates granted by GNIDA in phases for the entire development.

Project Specifications

Parameter	Details
Location	Sector Chi-V, Greater Noida
Land Area	52,493.16 sq. metres
Total Units	1,630 flats and 40 shops
Units Sold	1,539 flats and 40 shops
Total Saleable Area	19.97 lakh sq. ft.
Area Sold	18.79 lakh sq. ft.
Total Sales Consideration	Rs 835.16 crore

Management Commentary

Commenting on the performance, Mr. Bipin Agarwal, Chairman and Managing Director, highlighted the strong growth in pre-sales and collections during the quarter, emphasizing steady homebuyer demand and improved conversion of the project pipeline into cash flows. He noted that the completion of Express Park View-II represents a key milestone, reinforcing the company's focus on timely delivery and disciplined execution.

Company Background

With over three decades of experience in India's real estate sector, Nimbus Group has established itself as a diversified development and infrastructure company focused on residential and commercial real estate in the National Capital Region. Since its incorporation in 1993, the Group has delivered multiple projects in Noida and Greater Noida, advancing its presence across rapidly growing housing markets. The company continues to execute its development pipeline in key growth corridors of the NCR, driven by experienced leadership and a decentralised approach to project management.

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