From The Economic Times · PTI · · 50s
Prestige Estates Q2 Sales Bookings Up 20%
Prestige Estates reports 20% rise in Q2 sales bookings to Rs 7,225 crore amid strong housing demand.
In brief
Prestige Estates reports 20% rise in Q2 sales bookings to Rs 7,225 crore amid strong housing demand. Prestige Estates saw 20% year-on-year growth in Q2 FY27 residential pre-sales to Rs 7,225 crore with 3,910 units sold. Originally reported by The Economic Times.
Prestige Estates Q2 Sales Bookings
Prestige Estates reported a 20 per cent growth in sales bookings to Rs 7,225 crore for Q2 FY27.
“the residential business recorded Pre-sales of Rs 72,250 million (up 20 per cent year-on-year) during Q2 FY27, with sales volume of 5.84 million square feet and 3,910 units sold.”
Strong Housing Demand
The company noted strong housing demand, especially for big branded players, with healthy sales traction.
“Our residential business continues to see healthy demand. What is particularly encouraging is the response to our new launches, a couple of which were introduced towards the end of the quarter but nevertheless saw good sales traction.”
Q2 Sales Performance
Prestige Estates recorded 3,910 units sold and 5.84 million square feet of sales volume in Q2 FY27.
“the residential business recorded Pre-sales of Rs 72,250 million (up 20 per cent year-on-year) during Q2 FY27, with sales volume of 5.84 million square feet and 3,910 units sold.”
Q2 FY27 Results
The company reported 20% year-on-year growth in residential pre-sales to Rs 7,225 crore with 3,910 units sold.
“the residential business recorded Pre-sales of Rs 72,250 million (up 20 per cent year-on-year) during Q2 FY27, with sales volume of 5.84 million square feet and 3,910 units sold.”
Here's the gist
Prestige Estates saw 20% year-on-year growth in Q2 FY27 residential pre-sales to Rs 7,225 crore with 3,910 units sold.
