ABREL adds INR 1,900 crore GDV via Tower C, keeps FY2029 pre-sales goal
Indian developer ABREL keeps its FY2029 pre-sales target at INR 15,000 crore after redesigning Tower C, according to TradingView's AI-generated summary.
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what happened
According to TradingView, ABREL's total income for the first half rose 309% year on year. Net bookings in the second quarter came to INR 298 crore.
The Tower C redesign adds INR 1,900 crore to net gross development value (GDV). The FY2029 pre-sales target stays at INR 15,000 crore, while the company has withheld guidance for FY2027.
why it matters
For investors in India's property sector, this signals that the company is holding its medium-term sales goal despite changes to the project. The absence of FY2027 guidance leaves fewer reference points for assessing future results. The story concerns a single company and has limited relevance for the broader market.
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sources
- ABREL: Tower C adds INR 1,900 crore net GDV as management maintains its FY2029 pre-sales target — TradingView, 26 October 2026 at 15:04 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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