The company’s sales collections rose 6% YoY to Rs 2,916.2 crore in first quarter of FY25.
During the quarter, area sold declined by 25.33% YoY to 2.86 million square feet while the company sold 1,364 units in Q1.
The company launched two residential projects in Bengaluru, covering a total developable area of 1.86 million square feet, with a combined GDV of around Rs 1,400 crore.
Irfan Razack, chairman and managing director of the company said: “We are pleased with our performance in Q1 FY25, which reflects our robust market presence. Despite the lag in approvals and project launches during the election period, we still crossed a commendable sales figure of Rs 3,000 cr. During the quarter, we have also released South Block in Prestige Ocean Towers in Marine Lines, Mumbai and hav...
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