Eldeco Housing has 38.95 lakh sq ft forthcoming project area

Eldeco Housing lists 38.95 lakh square feet of tentative saleable area across 74.0 acres in six forthcoming projects, while its presentation separately reports a 67.5-acre land bank under further aggregation or contract. The 38.95 lakh-square-foot figure is subject to layout approval and excludes the land-bank parcels without saleable-area estimates.

What is Eldeco Housing's forthcoming project pipeline?

Eldeco Housing's forthcoming pipeline comprises six projects with 38,95,251 square feet of tentative saleable area on 74.0 acres. The presentation defines forthcoming projects as developments yet to be launched for booking, separating them from seven ongoing projects with 25,71,887 square feet of saleable area.

All six forthcoming entries show 100% economic interest for Eldeco Housing. The schedule includes residential projects and group housing, or GH, projects, but states that every saleable-area estimate remains tentative until the relevant layout is approved.

The current schedule reports 38,95,251 square feet, versus 39,48,718 square feet in the preceding version of the presentation. The 53,467-square-foot reduction reflects Eldeco Palm Springs, whose stated saleable area changed to 3,20,000 square feet from 3,73,467 square feet; the LDA GH-7 and LDA GH-8 entries were also combined into one row.

Which Eldeco Housing projects make up most of the future area?

Eldeco Housing's largest forthcoming project by stated saleable area is LDA GH-7 & GH-8, with 12,97,194 square feet on 4.0 acres and an under-planning status. Shaheed Path is second at 10,06,635 square feet on 7.0 acres, with final approval awaited.

Together, LDA GH-7 & GH-8 and Shaheed Path account for 23,03,829 square feet, or about 59% of the 38,95,251-square-foot forthcoming total. Their different statuses matter: the LDA project remains under planning, while Shaheed Path is further along in the stated approval process but has not received final approval.

Eldeco Namah has the largest land area in the forthcoming list, at 32.8 acres, but its stated saleable area is 5,96,812 square feet. It is the only listed forthcoming project with layout approval, while Eldeco Palm Springs has 19.5 acres and 3,20,000 square feet pending final approval.

Eldeco Solano Gardens is listed as a 9.5-acre GH future-development project with 5,18,028 square feet of saleable area. Eldeco City, the smallest forthcoming land parcel at 1.2 acres, has 1,56,582 square feet and remains under planning.

What is the status of Eldeco Housing's 67.5-acre land bank?

Eldeco Housing reports a 67.5-acre land bank for forthcoming projects under planning, comprising sites under further aggregation or under contract. The presentation provides no saleable-area estimate, layout status, launch date or booking target for these parcels.

The largest listed parcel is Undisclosed Location 3, with 50.3 acres described as under contract. The other listed rows are 8.9 acres at Eldeco Namah, 8.3 acres at Undisclosed Location 2 and 4.9 acres at Eldeco Solano Gardens, each described as under further aggregation.

The presentation's stated 67.5-acre total does not reconcile to the 72.4 acres obtained by adding its four listed land-bank rows. Eldeco Housing does not explain that difference, so the stated total and the component figures should be treated as a disclosed inconsistency rather than as interchangeable measures.

The land-bank list also includes Eldeco Namah and Eldeco Solano Gardens, names already present in the 74.0-acre forthcoming-project schedule. The presentation treats the 8.9-acre and 4.9-acre rows as separate land-bank entries, without specifying whether they will be incorporated into the currently disclosed projects.

How ready are Eldeco Housing's forthcoming projects for launch?

Eldeco Housing has 5,96,812 square feet in the layout-approved Eldeco Namah project, while 13,26,635 square feet across Shaheed Path and Eldeco Palm Springs awaits final approval. A further 14,53,776 square feet in Eldeco City and LDA GH-7 & GH-8 remains under planning.

The 9.5-acre Eldeco Solano Gardens project is classified as future development and has 5,18,028 square feet of tentative saleable area. These classifications show that the 38,95,251-square-foot pipeline is not at one common approval stage, and the presentation does not provide expected launch dates for any of the six projects.

The absence of launch dates contrasts with the ongoing-project schedule, which gives expected completion dates from November 2027 to June 2029. Eldeco Housing also does not disclose development cost, funding need, project-wise booking value or completion timing for the forthcoming portfolio.

How does the future pipeline compare with Eldeco Housing's ongoing projects?

Eldeco Housing's 38,95,251-square-foot forthcoming pipeline exceeds the 25,71,887 square feet of saleable area across seven ongoing projects by 13,23,364 square feet. This is a comparison of disclosed saleable area, not a measure of launch readiness, because the forthcoming area remains tentative until layout approval.

The ongoing portfolio had launched 23,64,090 square feet and reported 9,33,330 square feet as available. It also recorded 16,20,694 square feet as allotted and 17,863 square feet as allotted to a partner, according to the project schedule.

Eldeco Solano Gardens is the largest ongoing project by project area at 18,52,384 square feet and has 8,66,722 square feet of saleable area. Its expected completion is June 2029, while Eldeco Latitude 27, with 5,16,712 square feet of saleable area, has the earliest stated completion date of November 2027.

Eldeco Housing booked 10.8 lakh square feet in FY26, compared with 5.1 lakh square feet in FY25, while average realisation rose to Rs 6,909 per square foot from Rs 6,568 per square foot. In H1FY27, area booked was 2.1 lakh square feet and average realisation was Rs 8,121 per square foot, but the presentation does not connect these operating measures to a target for the forthcoming projects.

Conclusion

Eldeco Housing has disclosed a larger forthcoming saleable-area pipeline than its current ongoing portfolio, with 38,95,251 square feet across 74.0 acres versus 25,71,887 square feet in active projects. However, only Eldeco Namah's 5,96,812 square feet is layout approved, while substantial area remains under planning or awaits final approval, and the stated 67.5-acre land-bank total does not reconcile with the listed rows.

The next developments to watch are final approvals for the 13,26,635 square feet at Shaheed Path and Eldeco Palm Springs, progression of the 14,53,776 square feet under planning, and clarification of the land-bank acreage discrepancy. Investors can also watch for disclosed launch dates, revised layout-approved saleable areas and any conversion of the 67.5-acre stated land bank into named projects.