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MRV Engenharia e Participacoes SA posted a 5.9% rise in pre-sales for its real estate development segment in Q4, totaling 2.76 billion INR, while project launches dropped 3.0% to 2.85 billion INR. The growth in pre-sales reflects ongoing demand for residential properties, particularly among middle-income buyers, even as launches remain slightly lower than last year. MRV&Co has consistently used digital sales channels and financing partnerships to sustain pre-sales momentum, balancing careful project expansion with steady revenue growth in a challenging market environment.
MRV Engenharia e Participacoes SA, a leading Brazilian real estate developer, recorded a 5.9% year-on-year increase in pre-sales for its real estate development segment during the fourth quarter, reaching 2.76 billion INR. This growth reflects steady demand in the housing sector, despite market challenges. Advertisement
However, the company's Q4 project launches fell slightly by 3.0% year-on-year, totaling 2.85 billion INR. Analysts suggest that the dip in launches may be linked to cautious expansion strategies amid current economic conditions, while pre-sales growth indicates sustained buyer interest in completed or near-completion projects.
MRV&Co has maintained a strong focus on residential developments targeting middle-income buyers, which continues to support sales performance. The company has consistently reported quarterly growth in pre-sales over the past several years, even when launches fluctuate due to broader market trends.
Looking back, MRV&Co has leveraged digital sales platforms and financing partnerships to maintain momentum in its real estate business, which has helped offset occasional declines in new project launches. The company's filings show a continued commitment to balancing pre-sales growth with strategic project rollouts.
Source Reuters
5th Jun, 2025
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