The average realisation for FY24 grew 23 percent on-year, while collections across the group rose to Rs 5,915 crore in FY24, up from Rs 5,424 crore a year ago.

In the operational leasing portfolio, leasing swelled 14 percent year-on-year, adding 1 million square feet of additional leased area over FY23, resulting in a 97 percent occupancy rate across Brigade's entire portfolio.

In the hospitality vertical, average occupancy increased 3 percent to reach 72 percent, and the average room rate (ARR) reached approximately Rs 6,480, reflecting an 8 percent growth in FY24.

Going ahead, the management has also retained an optimistic outlook for the company, with an expectation of continued strong demand for residential space.

"Momentum has been gained in our leasing efforts, and healthy growth in ARR has been observed in our hospitality vertical. Opportunities for land acquisition in our target markets are also actively pursued, with a focus on adding high-quality assets to our land bank," Shankar said.

Brigade Group also has a robust pipeline of new launches lined up, with around 12.61 million square feet in residential, 6.33 million square feet in commercial, and 1.06 million square feet in hospitality segments.