Ajmera Realty & Infra's Q2 FY25 sales bookings rise 1% to Rs 2.54 billion

14 Oct 2024 CW Team

Ajmera Realty & Infra India, a prominent real estate developer based in Mumbai, has reported a slight increase in its sale bookings for the second quarter of the current fiscal year. The company’s sale bookings grew by 1 per cent, reaching a total of Rs 2.54 billion. This growth can be attributed to a robust demand for residential properties, reflecting the on-going recovery in the real estate market.

In the corresponding period last year, Ajmera Realty’s sale bookings stood at Rs 2.52 billion, highlighting a modest yet positive trend in the company’s performance.

Furthermore, the company experienced a significant increase in sale bookings during the first half of the fiscal year. For the period spanning April to September 2024-25, Ajmera Realty reported total sale bookings of Rs 5.60 billion, marking an impressive 18 per cent increase from Rs 4.76 billion recorded during the same timeframe last year. This substantial growth underscores the company's successful strategy in navigating market challenges and capitalizing on the growing interest in residential real estate.

Overall, Ajmera Realty & Infra India continues to establish itself as one of the leading real estate developers in the country, contributing to the revitalisation of the housing market and meeting the evolving demands of homebuyers.

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