Ajmera Realty & Infra Q2 sales see 82% jump at Rs 1.66 bn

10 Oct 2022 CW Team

Realty developer Ajmera Realty & Infra India has recorded an 82% year-on-year jump in sales at Rs 1.66 billion for the quarter ended September. The quarterly performance has helped the company record a 181% growth in its sales at Rs 5.66 billion for the first half of the financial year 2022-23.

The developer has sold nearly 80,000 sq ft carpet area during the quarter. For the half year, the company’s sales volume rose 106% to over 237,000 sq ft, while collections saw a 44% rise at Rs 3.12 billion, the company said in a regulatory filing.

“We have continued to charter a growth trajectory with robust pre-sales despite all the headwinds, and are uniquely positioned on account of strong cash-flows, quality land bank and a diversified pipeline of new projects,” said Dhaval Ajmera, Director at Ajmera Realty.

While he expects challenges due to rising mortgage rates in the future, the impact of this, according to him, is likely to be insignificant given the latent demand in the real estate sector.

He said the company is geared up for new launches in the coming quarters as part of its overall strategy to grow and gain market share.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..