1. Noida Phase I possession - Partial OC for all 3 towers (340 units) received in Q1FY27, possession offers issued in June 2026, and \~75% of the \~₹169 crore demand collected by the call date. This unlocks \~₹150 crore in contingent receivables and starts revenue recognition at the SPV level in Q2FY27, converting a fully sold \~₹550 crore project into cash.
2. Noida Phase II launch - Approval for revised building plans is being pursued, with launch expected by end of FY27; the 4.55 lakh sq ft phase is expected to generate \~₹800 crore. Market prices have moved to ₹16,000-18,000/sq ft versus ₹7,000-10,000 in Phase I, so management expects "a nice decent profit more than what we expected".
3. Estate 361 ramp-up - 154 of 360 units sold by June 2026, with 34 units sold in July alone and \~194-197 sold by the call date; total gross sales for units sold so far \~₹1,000 crore. Management estimates \~₹200 crore in management fees over the sales cycle, with the remaining 180 units to be launched soon.
4. New residential pipeline - Bangalore (\~300 units, \~₹900 crore potential) is in final diligence and Dehradun (\~150 units, ₹850-900 crore) has a land piece found; combined \~0.15 crore sq ft to meet this year's commitment. These add to the 0.11 crore sq ft intergenerational project at Noida Sector 105 with Max Estates, sustaining the 0.15 crore sq ft annual development target.
5. AGEasy scaling - Net revenue hit ₹19 crore in Q1FY27 (1.3x YoY), with ARR trending toward ₹120 crore and July monthly run rate \~₹10 crore. Management still plans to double FY26's ₹77 crore revenue to ₹150-odd crore this year, with EBITDA-positive targeted by the last quarter of FY27.
6. Care Home occupancy ramp - 485 beds across 8 centers are operational, with occupancy at 28% in Q1FY27 and 80% of capacity performing above or near plan. The model needs 40-45% occupancy for breakeven in 4-6 quarters, and management expects consolidated EBITDA breakeven by H1 FY28.
7. Estate 360 management fees - The 292-unit project is fully sold out with \~₹556 crore collected at 87% efficiency; Antara has earned ₹47.69 crore in development fees till June 2026. Management estimates \~₹130 crore in total fees over the sales cycle, with collections continuing through FY27.
8. Dehradun re-sales - The flagship community is fully occupied and profitable, with Q1FY27 operating revenue of ₹6.2 crore (1.1x YoY) and 4 units re-leased giving \~₹1.9 crore in marketing fees. Re-sales are realizing \~₹26,000 per sq ft, and the project is cash positive with linear growth expected.