Oberoi Realty Sales Down 53% in FY24: Details
Apr 21, 2024 14:14
Oberoi Realty's sales bookings fell 53% to Rs 4,007 crore in FY24 due to a high base. The company sold 705 units in the last fiscal year, down from 8,572 crore in FY23.
New Delhi, Apr 21 (PTI) Oberoi Realty's sales bookings have declined 53 per cent to Rs 4,007 crore in the last financial year on higher base.
The sales bookings of Mumbai-based Oberoi Realty stood at Rs 8,572 crore in the 2022-23 financial year and Rs 3,889 crore in the 2021-22.
In a regulatory filing on Saturday, Oberoi Realty informed that the company sold 228 units worth Rs 1,775 crore in the fourth quarter of the last fiscal year. It sold 4.49 lakh square feet of carpet area.
During the entire 2023-24 fiscal year, Oberoi Realty sold 705 units for Rs 4,007 crore.
The total carpet area booked stood at 10.76 lakh square feet during the last fiscal year.
Oberoi Realty is one of the leading real estate developers in the country. It focuses on the development of luxury and ultra-luxury residential projects.
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