Ashiana Housing has reported a remarkable surge in sales bookings, more than doubling to INR 673 crore during the July-September quarter. The firm highlighted a strong upward trajectory, with total sales for the fiscal year 2024 reaching INR 1,798.22 crore. The September quarter saw 482 units booked, reflecting rising consumer interest. Notably, sales volume increased to 7.30 lakh square feet, underscoring Ashiana's strategic market positioning, particularly in the senior living segment. With a commitment to quality and innovation, Ashiana Housing continues to enhance its reputation as a leading player in India's real estate market.
Realty firm Ashiana Housing has achieved significant growth in its sales bookings, more than doubling to INR 673 crore during the July-September period, reflecting robust demand for residential properties across the market. In a regulatory filing released earlier this week, Ashiana Housing reported that its sales bookings reached INR 673.05 crore in the second quarter of this fiscal year, a remarkable increase compared to INR 325.60 crore in the same quarter of the previous year.
The company had previously sold properties worth INR 235.32 crore in the first quarter of this fiscal year, indicating a strong upward trajectory. For the entire fiscal year 2024, Ashiana Housing recorded total sales of INR 1,798.22 crore, showcasing its resilience and ability to capture market opportunities. The filing revealed that 482 units were booked in the September quarter, up from 416 units in the corresponding period last year, further highlighting the increasing consumer interest in their offerings.
In terms of sales volume, the company experienced an increase to 7.30 lakh square feet in the second quarter, compared to 5.92 lakh square feet during the same period last year. This growth in volume not only reflects strong demand but also Ashiana Housing's strategic positioning within the market. As one of the leading real estate firms in India, the company has established a significant presence, particularly in the senior living segment, catering to the unique needs of this demographic.
Ashiana Housing's success can be attributed to its commitment to quality and innovation in residential development. The company's portfolio features a diverse range of projects that appeal to various consumer segments, allowing it to tap into the growing demand for housing across different categories. With a focus on customer satisfaction and community building, Ashiana Housing continues to strengthen its reputation as a trusted player in the real estate industry.
As the market remains buoyant, Ashiana Housing is well-positioned to leverage this momentum and further expand its footprint. The company's performance during this quarter not only underscores the resilience of the real estate sector but also reflects the ongoing recovery and growth potential in the residential property market across India.
Ashiana Housing's impressive sales growth showcases its ability to meet the robust demand for residential properties in India. The company's strategic focus on quality, innovation, and customer satisfaction positions it well for future expansion. As the market recovers and evolves, Ashiana is set to play a pivotal role in shaping the residential landscape, particularly in the senior living sector.
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