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Realty agency Status Estates on Monday reported over two-fold soar in gross sales bookings at report Rs 4,267.6 crore for the quarter ended December.
The corporate’s gross sales bookings stood at Rs 2,026 crore within the year-ago interval.
The Bengaluru-based Status group has additionally clocked the highest-ever collections of Rs 2,431.6 crore through the December quarter, up 70 per cent year-on-year.
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Throughout April-December 2021, the corporate’s gross sales bookings rose 97 per cent to report Rs 7,113.4 crore as towards Rs 3,610.3 crore within the corresponding interval of the earlier yr.
The collections rose 51 per cent at Rs 5,005.4 crore through the first 9 months of this fiscal as towards Rs 3,307.6 crore within the corresponding interval of the earlier yr.
Status group Chairman Irfan Razack stated, ?The brand new gross sales have been backed by the nice response to our newly launched mission and the present inventories throughout geographies.”
The corporate appears to be like ahead to persevering with to increase its footprint in excessive development alternative markets, he added.
Venkat Ok Narayana, Chief Government Officer, Status Group, stated, “We strongly consider there’s a great alternative to increase our core markets as we proceed to ship our high quality merchandise on time.”
The corporate is wanting ahead to additional development in its gross sales bookings in 2022, with a launch pipeline of over 15 million sq. toes, he added.
Status Group has operations in 12 areas in India.
The group has accomplished 255 initiatives with developable space of 144 million sq. toes and has 47 ongoing initiatives throughout segments, with complete developable space of 58 million sq. toes.
Additional, it has 79 million sq. toes beneath planning and holds a land financial institution with potential developable space of over 27 million sq. toes. PTI MJH
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