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.

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

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Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

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