Annual Progress Report FY : 2023-2024

Abhay Shah - June 3, 2024

Dear Esteemed Friends & Stakeholders,

At Paradigm Realty, we are committed to ushering a paradigm shift in the lives of our customers & associates, we are delighted to share some significant milestones we have recently achieved. With revenues surpassing over 550 Crores for the FY 2023 – 2024, with over 35% YOY Growth, we have brought joy, this financial year, taking our total to over 3000 homes delivered.

Notably, our flagship project, Paradigm Antalya in 102 Downtown township at Oshiwara, Andheri (W) stands at an impressive 99% sold out & nearing completion within 3 years of its commencement, delivering over 550 homes while Paradigm Alaya, the township’s final residential Tower has witnessed the sale of over 300 apartments (over 50% of total inventory sold).

After delivering over 1200 homes on our home turf – the rich suburb of Mumbai, Borivali, last financial year we launched an iconic one-of-a-kind 40-storey rise residential tower, Paradigm Anantaara, which has a massive positive response.

We have delivered over 7 projects with OC, with 3 projects nearing completion early this year, totaling approximately 2.2 million sq. ft. of delivery across Mumbai. Additionally, we have 5 ongoing projects covering 3.7 million sq. ft. and 6 upcoming projects spanning 5 million sq. ft. across rich suburbs of Mumbai.

Furthermore, our partnership with over 3200 channel partners & 500 + contractors, vendors & suppliers has been immensely instrumental in our success, culminating in our recent recognition as the “Progressive Developer of the Year 2024” by the Times Group.

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