M3M India Sees 37% Surge in Real Estate Sales in Q1, FY25

Real Estate, Realty, Housing, M3M India, Sales Bookings

Real EstateRealtyHousingM3m IndiaSales BookingsReal EstateAug 23, 2024

M3M India Sees 37% Surge in Real Estate Sales in Q1, FY25
Real Estate:M3M India, a leading real estate developer, has reported a remarkable 37% increase in sales bookings for the quarter ending June 2024. The company's sales bookings stood at Rs 3,911 crore, up from Rs 2,854 crore in the same period last year.

The company's strong performance can be attributed to the robust demand for residential and commercial properties. Out of the total sales bookings, Rs 2,972 crore pertained to the housing segment, while Rs 940 crore was contributed by commercial properties.

M3M India's projects in Gurugram, Noida, and Panipat have been major contributors to the company's success. The company's sales bookings in Gurugram stood at Rs 2,415 crore, while Noida projects contributed Rs 402 crore. Sales of residential plots at Panipat in Haryana were Rs 1,094 crore.

Frequently Asked Questions

What is the sales bookings figure for M3M India in Q1, FY25?

Rs 3,911 crore

What is the contribution of housing segment to M3M India's sales bookings?

Rs 2,972 crore

What is the land bank of M3M India across Gurugram, Noida, and Panipat?

3,000 acres

How many projects does M3M India have across various segments?

56 projects

What is the growth in housing sales in Delhi NCR in the April-June period this year?

10%

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