Nimbus Projects

What Nimbus Projects does

Nimbus Projects Limited is an India-incorporated, publicly listed real estate development company (BSE since 2000, NSE since April 2026; ticker NIMBSPROJ) headquartered at 23 Barakhamba Road, New Delhi. Originally incorporated in 1993 as NCJ Financial Services Pvt. Ltd., the company pivoted into real estate construction and development around 2010 under its current name, and today operates an ISO 9001 certified, process-driven model spanning land identification, acquisition, project planning, design, marketing and execution. The company has developed approximately 15 million square feet across 13 projects with a further 3 million sq ft under development, and has served over 10,000 customers across Noida, Greater Noida and the broader National Capital Region.

The product portfolio is concentrated in mid-market residential apartments, condominiums and townhouses (e.g., The Golden Palms, The Hyde Park, Express Park View I and II, Nimbus The Palm Village) supplemented by commercial projects such as Pearl Business Park and The Park Street. Nimbus generates revenue primarily through one-time unit sales (pre-sale bookings and possession-driven deliveries), with FY26 sales of Rs 228.76 crore (up 28.30% YoY) and FY26 pre-sales of Rs 545 crore. Pricing is project-specific and unit-level; marketing is conducted via direct project sales offices, stock exchange disclosures, the corporate website, press releases and customer testimonials. Key ongoing strategic initiatives include the Sunworld Arista co-development under UP government's stalled-project policy (Rs 1,100 crore total investment, ~Rs 1,400 crore expected revenue, supported by Rs 150 crore debt from Bajaj Finance) and the consolidation of group entities via an NCLT-approved scheme of amalgamation.

Name

Nimbus Projects

Legal name

Nimbus Projects Limited

Website

https://nimbusprojectsltd.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

Nimbus Projects Limited is a Noida/Greater Noida-based, publicly listed real estate developer (BSE 511714, NSE NIMBSPROJ) delivering mid-market residential and commercial projects, with 15 million sq ft developed across 13 projects and over 10,000 customers served since 1993.

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Sales: Revenue generated from pre-sales booking values and completed unit deliveries from residential and commercial projects across NCR, with Q4 FY26 pre-sales at Rs 281.24 crore and full-year 2025-26 sales bookings at Rs 545 crore.
2. Project Development Services: Real estate development and construction services including project management, investment advisory and construction services for residential and commercial properties.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Nimbus Projects Limited is a real estate development and construction company engaged in building and selling residential and commercial properties across the National Capital Region, primarily Noida and Greater Noida. Its offerings span apartments, condominiums, townhouses, group housing, commercial complexes, office spaces and shopping malls, delivered through an ISO 9001 certified process covering land identification, project planning, design, marketing, and execution.

Product overview

Nimbus Projects Limited is a real estate development and construction company engaged in residential and commercial projects across Delhi and NCR. The company's product portfolio consists of multiple named housing and commercial developments including The Golden Palms, The Hyde Park, Express Park View I and II, The Palm Village, and various commercial projects like Pearl Business Park and The Park Street. The company operates a platform-plus-projects model where completed projects (The Golden Palms, The Hyde Park, Express Park View I and II) form the core offerings while ongoing projects include Express Park View II Low Rise Apartments, Nimbus The Palm Village, and the Sunworld Arista co-development initiative. Projects span townships, group housing, commercial-shopping malls, office spaces, and hotel developments primarily in Noida and Greater Noida.

Differentiator

Problem solved

Functional benefit

Products and services

• The Golden Palms Luxurious residential multi-storied building project at Sector 168, Noida. Completion Certificate has been obtained and possession handed over to 1,386 flat allottees.
• The Hyde Park Luxurious residential multi-storied building at Greater Noida. Completion Certificate has been obtained and possession handed over to 2,089 flat allottees.
• Express Park View I First project of the company at Greater Noida, successfully handed over to the Residential Welfare Association.
• Express Park View II Residential project at Greater Noida with all 10 towers completed and possession given to 1,250 flat allottees, including a Low Rise Apartments variant.
• Express Park View II - Low Rise Apartments Low-rise apartment variant within the Express Park View II project at Greater Noida, offering low-rise homes as part of the larger Express Park View II master plan.
• Nimbus The Palm Village Ongoing residential project in Greater Noida, part of the IITL-Nimbus project portfolio.
• The Golden Palms Downtown Luxurious residential and commercial development project in the Noida/Greater Noida region.
• Nimbus The Palm Street Mixed-use development project combining residential and commercial components.
• The Hyde Park Plaza/Down Luxurious residential building project in Noida, forming part of the Hyde Park neighbourhood portfolio.
• The Park Street Commercial project at Greater Noida offering retail and office space in the Nimbus portfolio.
• Pearl Business Park Commercial office and business space project within the Nimbus portfolio.
• Sunworld Arista (Phase 2) Co-development project at Sector 168, Noida under Uttar Pradesh's co-development policy for stalled projects, featuring four residential towers with 344 luxury flats; expected to deliver common areas to existing buyers plus approximately one million sq ft of saleable area with expected revenue around Rs 1,400 crore.

Quantifiable outcome

• Q4 FY26 pre-sales surge of 77% to Rs 281.24 crore from Rs 158.90 crore year-ago
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and strategic.

• Noida AuthoritycoreOthers · 28 March 2026Noida Authority approved co-development of stalled projects, enabling Nimbus to revive Sunworld Arista project. The authority granted approvals for over 5,000 homebuyers to receive possession of homes through the co-development initiative.
• UP GovernmentcoreOthers · 21 October 2025UP government issued favourable order allowing Nimbus to develop additional 1.1 million sq ft with Rs 1,100 crore development potential. This resolved a long-standing land allotment issue and facilitated growth of IITL-Nimbus project.
• BL Gupta Construction Pvt. Ltd.strategicImplementation/ SI/ Consulting PartnerNimbus received recognition from Noida Authority to co-develop Phase II of Arista housing project featuring four residential towers with 344 luxury flats under Rs 350 crore Cost-Plus Contract with BL Gupta Construction Pvt. Ltd.
• Sunworld Residency Private LimitedstrategicStrategic or Co-development PartnerExecution of Joint Development Agreement with Sunworld Residency Private Limited for co-development of Phase-II of Sunworld Arista Project, enabling revival of stalled housing project.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Parsvnath Developers: Listed Indian real estate developer with residential and commercial projects across NCR and other metros, comparable in product mix and listed-entity status, though geographically broader.
• Gaurs Group: Large NCR-focused residential and commercial developer headquartered in Greater Noida, with comparable mid-market positioning, township-style projects, and customer base in the same micro-markets as Nimbus.
• Ansal API (Ansal Properties & Infrastructure): Listed Indian real estate developer with strong historical presence in NCR including integrated townships and group housing, comparable in scale, listing status, and product offering to Nimbus.
• ATS Group (ATS Greens): NCR-headquartered developer of luxury and mid-market residential projects in Noida and Greater Noida, with comparable product positioning, customer segment, and project scale.
• Supertech Limited: NCR-focused residential developer with projects concentrated in Noida and Greater Noida, directly overlapping with Nimbus's micro-markets in terms of customer base and product positioning.
• Eldeco Group: Established NCR-focused real estate developer delivering residential townships and group housing projects across Noida, Greater Noida, and other UP markets — directly comparable in customer segment and geography.
• Omaxe Limited: Listed Indian real estate developer with strong presence in NCR including Noida and Greater Noida, developing residential and commercial projects of comparable scale. Most direct peer in terms of geography, product mix, and listed-entity status.

Broad incumbents

• DLF Limited: India's largest listed real estate developer with dominant position in NCR including Noida and Gurgaon. Far larger scale than Nimbus but operates in the same geography and product categories (residential, commercial, townships).
• Mahindra Lifespace Developers: Listed Indian real estate developer focused on residential and integrated townships with NCR presence, comparable in product mix but at larger scale and broader geographic footprint.
• Godrej Properties: Pan-India listed real estate developer with growing NCR footprint, including Noida projects. Comparable in residential product offering but operates at materially larger scale and broader geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nimbus Projects