Ajmera Realty Witnesses 36% Surge in Q1 FY25 Sales to Rs 306 Crore
Ajmera Realty reports a 36% rise in sales bookings to Rs 306 crore in Q1 FY25, driven by strong demand and the successful launch of 'Ajmera Vihara' in Mumbai.
Ajmera RealtyReal EstateMumbaiSales BookingsAjmera ViharaReal Estate MumbaiJul 08, 2024
In the corresponding period of the previous year, the company had reported sales bookings worth Rs 225 crore. Dhaval Ajmera, Director at Ajmera Realty & Infra India, attributed the robust growth to the successful launch of 'Ajmera Vihara', which has received an overwhelming response from potential buyers.
Looking back at FY24, which was a stellar year for the company, Ajmera Realty has made significant progress in the first quarter of FY25, marching towards its full-year guidance. The company's achievements reflect its commitment to future growth and its ambitious 5x growth strategy.
Ajmera Realty has a substantial pipeline of 7 new projects, with an estimated gross development value (GDV) of approximately Rs 4,300 crore. The company is optimistic about its future prospects, given the positive sector outlook.
Information Ajmera Realty & Infra India Ltd is one of the leading players in the Mumbai Metropolitan Region (MMR), with a strong presence in the Indian real estate market. The company has established itself as a reliable and trusted brand, known for its quality constructions and customer-centric approach.
Ajmera Realty & Infra India Ltd is a reputed real estate developer, with a focus on creating residential and commercial projects that cater to the growing needs of the Indian population.
Frequently Asked Questions
What is the sales booking amount reported by Ajmera Realty in Q1 FY25?
Rs 306 crore
What is the growth percentage in sales bookings reported by Ajmera Realty in Q1 FY25?
36%
What is the name of the project launched by Ajmera Realty in Mumbai?
Ajmera Vihara
What is the estimated gross development value (GDV) of Ajmera Realty's pipeline projects?
Rs 4,300 crore
What is the growth strategy of Ajmera Realty?
Ambitious 5x growth strategy
Related News Articles
Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections
Discover the latest trends, challenges, and opportunities in the real estate insurance market, featuring key players, regional analysis, and market segmentation.
Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High
The number of real estate transactions in Pune has increased significantly, with registered transactions surging by 50% in the April-June 2024 quarter.
Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4
The Election Commission of India has announced the dates for the Haryana and Jammu & Kashmir assembly elections. The polls will be held in a single phase on October 21, and the results will be declared on October 4.
Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue
Century Textiles plans to develop the land through its real estate subsidiary Birla Estates, expecting ₹14,000 crore in revenue from the project.
Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals
Be cautious with real estate deals today, as a temporary decline in assets may occur. However, this setback will be short-lived.
DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore
DLF, India's leading real estate firm in terms of market capitalization, has reported a remarkable surge in its Q2 net profit, jumping over twofold to ₹1381 crore. The company, primarily engaged in the development and sale of residential and commercial pr