InfraMantra, a pioneer in the real estate development sector in India, proudly announces a landmark achievement, having exceeded its sales target of Rs 1000 crore for the fiscal year 2024. This milestone not only signifies InfraMantra's commitment to excellence but also underscores the robust growth and resilience of the real estate sector in India.
Shiwang Suraj, Founder & Director of InfraMantra, expressed his enthusiasm, "We are ecstatic to announce that InfraMantra has not only met but surpassed its ambitious target of Rs 1000 crore this year. This success is a testament to the dedication of our incredible team and the unwavering trust and support from our clients and partners."
In light of this achievement, InfraMantra is setting a more ambitious target of Rs 2000 crore for the upcoming year. This goal reflects the company’s confidence in its strategic planning and its commitment to leading the market with innovative real estate solutions.
Garvit Tiwari, Director & Co-Founder, added, "As we set our sights on this ambitious new goal, we are driven by our proven track record and our relentless pursuit of excellence. With upcoming expansions into major cities like Mumbai, Bangalore, and Hyderabad, we are poised to significantly enhance our market presence and better serve our expanding client base."
The company's optimistic outlook for 2024 is supported by the continuous growth seen in the Indian real estate sector, which remains a cornerstone of the country's economic development. InfraMantra’s strategic expansions and commitment to quality are set to further capitalize on the positive trends expected in the real estate market.
The Indian real estate market is witnessing a significant demand surge in both luxury and mid-income housing sectors, particularly in major urban centers such as Mumbai, Delhi, Bangalore, and Hyderabad. This growth is fueled by robust infrastructure developments, including enhanced connectivity, improved public transport networks, and the expansion of business and IT hubs. These infrastructural enhancements not only improve the quality of life but also boost property values, making these areas highly attractive for potential homeowners and investors.
As cities expand and modernize their infrastructure, the real estate sector benefits from a ripple effect of increased demand. For the luxury segment, the emphasis on sophisticated, high-end amenities and exclusive living environments continues to draw affluent buyers. Meanwhile, the mid-income housing market is driven by the rising middle-class population seeking affordable, yet modern and well-connected residential options. Together, these trends underscore a vibrant and dynamic real estate market in India, poised for continued growth and success.
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