BENGALURU: Realty firm Purvankara Ltd on Friday recorded flat sales bookings of Rs 1,128 crore during the first quarter of this financial year despite strong housing demand as it postponed new supplies.

In a regulatory filing, the company said it achieved quarterly sales value of Rs 1,128 crore for the first quarter (April-June) of FY 2024-25... compared to Rs 1,126 crore a year ago, while the planned launch has been postponed to the second quarter. (July-September).

Average price realization during the first quarter of 2024-25 increased to Rs 8,746 per sq ft, up 6 per cent from Rs 8,277 per sq ft in the year-ago period.

Bengaluru-based Purvankara Ltd said it has acquired a 12.77-acre land parcel on Ghodbunder Road in Thane in the Mumbai Metropolitan Region (MMR), with a total potential carpet area of ​​1.82 million sq ft, a 7.26-acre land parcel in Electronics City (Hebbagodi). Is. With a potential carpet area of ​​0.60 million sq. ft. in Bengaluru.

It also bought the landlord share of 0.83 million sq ft of salable area in three projects in Goa and Bengaluru.

Purvankara Limited is a leading real estate developer in the country with a significant presence in South and West India. It is mainly in the housing segment.