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
Revolutionizing Badlapur Real Estate: The Bestpropdeal Advantage
Discover the magic of Badlapur real estate with Bestpropdeal, a dynamic platform that simplifies property buying and selling experiences.
Top REITs for Income Generation in 2024
Discover the best REITs for income generation, featuring top players in the real estate market, strong dividend yields, and growth prospects.
Revolutionizing Real Estate: BHR Properties' AI-Driven Solutions
BHR Properties is transforming the real estate industry with its cutting-edge AI-powered platforms, streamlining property listing, management, and market trend analysis.
Balewadi: Pune's Rising Star in the Real Estate Market
Balewadi, a vibrant suburb in Pune, is quickly gaining traction as a prime real estate destination, thanks to its excellent connectivity, robust infrastructure, and diverse property options.
Prestige Estates Share Price drops 2%; Eyes Rs 30,000 Crore in Housing Projects
The share price of real estate giant Prestige Estates Projects took a hit, falling 2 percent on Friday. Despite this, the company remains optimistic, targeting a significant Rs 30,000 crore investment in future housing projects.
NYC Stock Soars to 52-Week High at $11.3 Amid Real Estate Boom
In a significant development, the stock of a major real estate player in New York City has surged to a 52-week high, hitting $11.3 per share. This upward trajectory is fueled by a surge in real estate optimism and robust market conditions. Additionally, A