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Ashiana Housing Sales Surge 200% to Rs 673 Crore

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By Rediff Money Desk, New Delhi   Oct 08, 2024 15:20

Ashiana Housing's sales bookings more than doubled in Q2 FY24 to Rs 673 crore, driven by strong demand for residential properties. The company also saw an increase in unit bookings and volumes.
Ashiana Housing Sales Surge 200% to Rs 673 Crore
Illustration: Dominic Xavier/Rediff.com
New Delhi, Oct 8 (PTI) Realty firm Ashiana Housing's sales bookings more than doubled to Rs 673 crore in the July-September period as demand for residential properties continues to be robust.

In a regulatory filing on Tuesday, Ashiana Housing reported that its sales bookings stood at Rs 673.05 crore in the second quarter of this fiscal as against Rs 325.60 crore in the corresponding period of the previous year.

Ashiana Housing had sold properties worth Rs 235.32 crore in the first quarter of this fiscal year.

During the FY24, the company had sold properties worth Rs 1,798.22 crore.

As per the filing, Ashiana Housing said that 482 units were booked in the September quarter as against 416 units booked in the year-ago period.

In terms of volumes, the company's sales bookings rose to 7.30 lakh square feet in the second quarter of this fiscal from 5.92 lakh square feet in the year-ago period.

Ashiana Housing is one of the leading real estate firms in the country. It has a significant presence in senior living segment of real estate market.
Source: PTI
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