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Puravankara Q3 sale bookings rise 56%

Puravankara Q3 sale bookings rise 56%
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New Delhi: Realty firm Puravankara Ltd on Wednesday reported a 56 per cent annual increase in its sale bookings at Rs 1,241 crore in the third quarter of this fiscal on higher volumes amid strong housing demand. Its sale bookings stood at Rs 796 crore in the year-ago period.

According to a regulatory filing, the company’s sale bookings rose 60 per cent area-wise to 1.63 million square feet during October-December period from 1.02 million sq ft in the corresponding period of the previous year.

The average sales realisation declined 2 per cent to Rs 7,610 per sq ft during the period under review from Rs 7,767 per sq ft a year ago. During April-December period of 2023-24 fiscal, the company’s sale bookings rose 89 per cent to Rs 3,967 crore from Rs 2,100 crore in the year-ago period.

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