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Ajmera Realty & Infra India reported a sharp increase in sales bookings during the second quarter of the current financial year. Bookings rose to INR 720 crore compared to INR 254 crore in the same quarter last year. For the first half of the year, total bookings reached INR 828 crore, up from INR 560 crore in the previous year. The company said that higher demand for its residential projects and a steady flow of new launches helped improve its performance. The growth reflects consistent buyer interest in the housing market, especially in Mumbai.
Ajmera Realty & Infra India Ltd reported a strong improvement in its sales performance during the second quarter of the current financial year. Sales bookings stood at INR 720 crore, compared with INR 254 crore in the same period last year, showing almost a threefold increase. Advertisement
During the first half of this financial year, total sales bookings reached INR 828 crore, up 48 percent from INR 560 crore recorded in the same period of the previous year, according to a regulatory filing by the company. Ajmera Realty said that steady demand for its housing projects supported this growth.
The Mumbai-based company is among the established real estate developers in India with projects across residential and commercial segments. Its recent launches in key urban markets have received a positive response from buyers. The company has been focusing on mid- to premium-range housing, which continues to attract end-users and investors.
Ajmera Realty's earlier quarterly results also showed steady revenue and profit growth, driven by timely project completion and consistent sales across major markets. The company has maintained a focus on financial stability and disciplined project management to ensure steady progress.
The management mentioned that the higher bookings reflect growing confidence among homebuyers and the company's efforts to deliver projects on time. Ajmera Realty has been gradually expanding its portfolio across several cities while continuing to strengthen its presence in Mumbai.
The company's emphasis on customer satisfaction, quality construction, and transparent operations has helped it maintain momentum in a competitive real estate environment. With a clear focus on project execution and planning, Ajmera aims to continue building on the progress achieved during the first half of this fiscal year.
Source PTI
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