Realty firm Prestige Estates Q1 sales bookings up 30% to Rs 3914.7 cr

In a regulatory filing, Bengaluru-based Prestige Group said it sold 3.83 million square feet during the April-June quarter of the 2023-24 financial year. (representative picture)

Sales bookings for real estate firm Prestige Estates Projects Ltd increased by 30 per cent to Rs. 3,914.7 crore in the first quarter of this financial year as a result of improved demand for its residential and commercial properties.

Its sales bookings were Rs. 3,012 crore in the period last year.

In a regulatory filing, Bengaluru-based Prestige Group said it sold 3.83 million square feet during the April-June quarter of the 2023-24 financial year.

All major property developers listed have posted healthy sales bookings in the past two years on the back of a strong recovery in housing demand.

(Only the title and image for this report may have been reworked by the Business Standard team; the rest of the content is generated automatically from a shared feed.)

First published: July 12, 2023 | 11:48 p.m ist