With real estate sector bouncing back across India, Andlay Estates is targeting Rs 350 crore sales in the current fiscal year.
Andlay Estates clocked high-end luxury sales of 85 units in the last fiscal and is expecting to close this fiscal with sales of around 175 units, with new growth coming from Noida apart from Gurgaon in the NCR region. It is targeting these sales along with its associates which are spread across Delhi NCR and Mumbai.
The company is looking to expand operations and hire resources in the marketing and sales department. Andlay is a real estate channel partner for top Indian developers and has a strict selection process to partner with only those developers who are fundamentally strong.
“Luxury housing in the NCR region is looking at 2x growth in sales as there is huge demand for large luxurious houses with top amenities. These types of projects are limited in the whole NCR region and such projects by top developers are sold out in just a few days post launch. Going forward, lot of this demand is expected to be generated from the Noida as well,” Abhishiekh Andlay, founder, Andlay Estates said.