Smartworld Developers Posts ₹6,400 Crore in Sales for FY2024–25, Reporting 60% Year-on-Year Growth
Strong Sales Momentum Fuels Construction Expansion
Smartworld Developers posted ₹6,400 crore in sales for FY2024–25, reflecting 60% year-on-year growth. The financial performance underscores the company's rapid scaling in the NCR luxury market, particularly as it advances construction on its flagship branded projects.
The company has committed a total construction budget of ₹10,000 crore, of which it has already awarded ₹5,000 crore in contracts since its inception. The company remains debt-free and financially robust, with healthy cash flows fuelling aggressive expansion.
Trump Residences Structural Work Underway
Smartworld Developers awarded a construction contract worth ₹1,000 crore for its landmark ultra-luxury project, Trump Residences Gurgaon, marking a major milestone in the project's development. Excavation at the site has been completed, and as part of the phased construction strategy, a ₹300 crore tender has already been released. Structural construction has now formally commenced.
Located in Sector 69, Gurugram across 11.7 acres, Trump Residences Gurgaon will feature two iconic 51-storey towers comprising 298 ultra-premium residences. Designed to meet global luxury benchmarks, the development will showcase a contemporary all-glass facade, expansive floor-to-ceiling windows, private elevators, and select residences with double-height living spaces. With a total built-up area exceeding 1.2 million sq. ft., the project is positioned to set a new benchmark for branded luxury living in the region.
Trump Residences, Gurgaon witnessed an unprecedented market response, achieving a 100% sell-out on Day One with record sales of Rs. 3,250 crore. The extraordinary demand reflects strong buyer confidence in Smartworld Developers execution capabilities and the enduring global appeal of the Trump-branded luxury living experience.
Portfolio Growth Across NCR
The company has established a strong presence in Gurugram, particularly along the high-potential Golf Course Road Extension, with landmark projects including Smartworld Orchard, Smartworld Gems, Smartworld The Edition, Smartworld Sky Arc, and Trump Residences Gurgaon. The company has also expanded its footprint along the Dwarka Expressway with Smartworld One DXP, an uber-luxury residential project.
Beyond Gurugram, Smartworld Developers announced its foray into Noida, acquiring a 24,000 sq. mtr. (approx. 6-acre) land parcel in Sector 98, Noida, at a prominent location along the Noida Expressway, through an auction (bidding ₹414 cr). The upcoming mixed-use development will comprise premium, branded residences, high-street retail, and serviced homes.
Builder Profile
Smartworld Developers Private Limited was incorporated on January 20, 2021 and is registered in Delhi. Smartworld was founded by Pankaj Bansal and Aishwarya Bansal. In span of 2 years the company has risen to be a leading brand in Delhi NCR and is looking forward to taking its footprint pan India.