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Oberoi Realty's Sales Booking Jumps to Rs 752 Crore in Q1 FY23

Oberoi Realty's Sales Booking Jumps to Rs 752 Crore in Q1 FY23

BY Realty Plus
Published - Saturday, 09 Jul, 2022
Oberoi Realty's Sales Booking Jumps to Rs 752 Crore in Q1 FY23

Oberoi Realty's sales bookings jumped over four-fold to Rs 752 crore in June quarter as compared to the year-ago period on lower base effect and better demand for its properties.

Sharing operational update for the first quarter of current fiscal year, the Mumbai-based real estate developer said it achieved sales bookings of 164 units during April-June 2022 as against mere 39 units in the corresponding period of previous year.

In terms of volume, Oberoi Realty's sales bookings stood at 4,01,182 square feet in April-June 2022 as compared to 92,128 square feet in the year-ago period. The sales bookings in terms of value stood at Rs 752 crore during the first quarter of this fiscal year as against Rs 170 crore in the corresponding period of previous year.

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