New Delhi, Realty firm Keystone Realtors Ltd on Tuesday reported 22 per cent growth in its sales bookings to Rs 611 crore during the April-June period of this financial year due to strong housing demand.
In a regulatory filing, Keystone Realtors, which sells properties under the Rustomjee brand, said the company achieved pre-sales worth Rs 611 crore in the first quarter of this financial year, compared to Rs 502 crore in the year-ago period. Was.
In terms of volumes, the Mumbai-based company said its sales bookings fell 16 per cent to 0.24 million sq ft during the period under review.
Commenting on the operational performance, Boman Irani, CMD, Keystone Realtors, said, “Q1FY25 has set a direction for the year, which is a turning point for our company as we move towards significant growth from FY24. “Continuing to build momentum.”
He said, "In line with our guidance, we have successfully launched two projects this quarter, with an estimated GDV (gross development value) of Rs 2,017 crore. This reflects our commitment towards continued growth and our readiness for multiple launches this year." it shows."
Irani said the company has added another redevelopment project in the quarter, with a gross development value of Rs 984 crore.
In a regulatory filing, Keystone Realtors, which sells properties under the Rustomjee brand, said the company achieved pre-sales worth Rs 611 crore in the first quarter of this financial year, compared to Rs 502 crore in the year-ago period. Was.
In terms of volumes, the Mumbai-based company said its sales bookings fell 16 per cent to 0.24 million sq ft during the period under review.
Commenting on the operational performance, Boman Irani, CMD, Keystone Realtors, said, “Q1FY25 has set a direction for the year, which is a turning point for our company as we move towards significant growth from FY24. “Continuing to build momentum.”
He said, "In line with our guidance, we have successfully launched two projects this quarter, with an estimated GDV (gross development value) of Rs 2,017 crore. This reflects our commitment towards continued growth and our readiness for multiple launches this year." it shows."
Irani said the company has added another redevelopment project in the quarter, with a gross development value of Rs 984 crore.
