August 16, 2022

Because of higher demand, Ajmera Realty & Infra India Ltd. on Thursday reported that its gross sales bookings elevated by greater than 3 times to Rs 400 crore for the quarter led to June.

Its gross sales bookings stood at Rs 111 crore within the year-ago interval, the corporate stated in a press release.

The carpet space bought by the corporate stood at 1,57,438 sq. ft in April-June interval of this fiscal as towards 61,663 sq. ft within the year-ago interval.

Dhaval Ajmera, Director at Ajmera Realty & Infra India, stated, “The corporate carried out exceptionally nicely throughout Q1 FY23 on the again of the Ajmera Manhattan launch throughout April 2022.” “Regardless of the excessive enter value situation and projected excessive curiosity surroundings, we’re observing a constructive momentum from the house patrons. As introduced earlier, will probably be our endeavour to launch new tasks in FY23 and take the expansion momentum ahead,” he added.

The Mumbai-based firm stated its gross sales bookings grew considerably regardless of headwinds from the introduction of metro cess, greater enter prices and upward revision of the repo charge.

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