New Delhi, June 9 -- Listed residential real estate companies are focusing on increasing their capital expenditure (capex) towards acquiring new land parcels. On an aggregate basis, developers utilised around 35% of theirsales and pre-sales collections on land-related capex in 2024-25-the highest in recent years, showed an analysis by Nuvama Research.

A combination of favourable factors is giving realty firms the financial muscle to aggressively invest in land acquisitions, including healthy collections for most developers. Aggregate collections and operating cash flows were up 24% year-on-year each in FY25, showed Nuvama data.

Also, realtors were on a fund-raising spree during FY25, garnering over Rs22,000 crore through qualified insti...