Shriram Properties' sales bookings rise 26 per cent

22 Jul 2022 CW Team

In the June quarter, Shriram Properties reported a 26 per cent increase in sales bookings at Rs 3.13 billion due to increased demand and a small base impact. The Bengaluru-based company reportedly stated that its volume-based sales bookings increased by 20 per cent to 0.66 million square feet in the first quarter of the 2022–23 fiscal year from 0.55 million square feet in the same period last year.

Housing sales were impacted by the second wave of the pandemic in the April–June quarter of the previous fiscal year. When compared to the same quarter last year, when client money were collected overall, they increased 34% per cent YoY to Rs 3.24 billion from Rs 2.42 billion. The average sales realisation rose to Rs 4,694 per square feet from Rs 4,363 per square feet.

Real Estate

22 Dec 2025

Ramada Encore by Wyndham opens at Elan Miracle Mall, Gurugram

Elan Group has announced the inauguration of the Ramada Encore by Wyndham Gurugram Dwarka Expressway at its mixed-use development, Elan Miracle Mall, Sector 84, Gurugram. The hotel was inaugurated by Prem Singh Tamang, Hon’ble Chief Minister of Sikkim, with Bollywood actor Zareen Khan also present at the ceremony.Developed by AS Hotels & Residences and franchised under Wyndham Hotels & Resorts, the Ramada Encore property strengthens the integrated retail–hospitality ecosystem at Elan Miracle Mall. The hotel is positioned as a premium hospitality destination along the rapidly develo..

Concord Control wins Rs 1.39 billion Indian Railways order

Concord Control Systems has secured a major order worth Rs 1.39 billion from Indian Railways for the supply, installation and commissioning of locomotive wireless control systems. The contract has been awarded to its wholly owned subsidiary, Advanced Rail Controls Private Limited, with execution expected within 18 months from the commencement date.The order covers a critical technology aimed at enhancing locomotive operations, safety and efficiency across the railway network. The company said the win reflects strong institutional support from Indian Railways and the growing momentum of railway..

Open House on Steel Import to be Held by Ministry of Steel on 26th Dec

An open house will be conducted by the Ministry of Steel between 11 AM to 5 PM on 26th December in Steel Room, 3rd Floor, GPOA- 3, Netaji Nagar in New Delhi to discuss issues related to the import of steel. Any issues or grievances faced by companies and associations related to these topics may be aired here. As logistic challenges prevent walk-in participation, only one representative of an organisation is permitted into the event. To take part in the Open House and get a specific time slot on the date, send an e-mail to tech-steel@nic.in. While writing the e-mail, the following informat..