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Realty firms on a high after land-buying spree in FY25

June 10, 2025

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Mint Hyderabad

Listed home developers are focusing on increasing their capital expenditure (capex) towards acquiring new land parcels.

- Harsha Jethmalani

Listed home developers are focusing on increasing their capital expenditure (capex) towards acquiring new land parcels. On an aggregate basis, developers have utilized around 35% of their collections on land-related capex in FY25 compared to 28% in FY24 and 22% in FY23, showed an analysis by Nuvama Research.

A combination of favorable factors, including healthy collections, is giving most realty firms the financial muscle to aggressively invest in land. Aggregate collections and operating cash flows were up 24% year-on-year each in FY25, showed Nuvama data.

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