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Justo Realfintech Limited has secured new sales mandates worth over ₹1,100 crore across residential and commercial projects in Mumbai and Pune. These mandates involve approximately 900 units and over 7.7 lakh square feet of saleable area with developers including Malpani Estates, Sneha Constructions, and others. Since listing nine months ago, the company's executable mandate portfolio has grown by approximately 50%. Cumulative mandates since listing now total around ₹4,647 crore, with approximately ₹6,272 crore currently under execution. The company clarified that these mandate values represent the gross development value of projects and not its own revenue or assured income.
The announcement shows strong business momentum for this newly listed real estate sales and marketing company. However, shareholders should note that the mandate values are GDV figures for the underlying projects, not the company's own revenue — so the actual financial benefit to Justo Realfintech depends on the fee structure per mandate, which is not disclosed.