He Highest Value Recorded For The 9 Month Period Since Inception Jump In Sales Was Achieved Along Witha Consistent Increase Average Price Realisation Of Rs 7 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bengaluru (Karnataka) [India], January 23 (ANI/BusinessWire India): Real estate major Puravankara Limited (BSE: 532891) has achieved its highest-ever sales for the third quarter of any year since its inception by clocking Rs 796 crores in sales as per its operational update. This is an increase of 20 per cent compared to Rs 666 crores recorded in Q3FY22. For the 9 months ending December 2022, the company has recorded Rs 2,100 crores in sale value, an increase of 33 per cent compared to a similar period last year. This is another record, the highest value recorded for the 9-month period since inception. The jump in sales was achieved along with a consistent increase in average price realisation. The average price realisation of Rs 7,767/sq ft during Q3FY23 went up by 15 per cent compared to the average price realisation in Q3FY22. This impressive increase in sales is accompanied by an equally impressive rise in customer collections from the real estate business, which increased to Rs. 6 ....

Ashish Puravankara , Puravankara Limited , Businesswire India , Managing Director , Performance Summary , Bengaluru Karnataka India , Anuary 23 Ani Businesswire India Real Estate Major Puravankara Limited Bse 532891 Has Achieved Its Highest Ever Sales For The Third Quarter Of Any Year Since Inception By Clocking Rs 796 Crores In As Per Operational Update This Is An Increase 20 Cent Compared To 666 Recorded Q3fy22 9 Months Ending December 2022 , He Company Has Recorded Rs 2 , 100 Crores In Sale Value , N Increase Of 33 Per Cent Compared Toa Similar Period Last Year This Is Another Record , He Highest Value Recorded For The 9 Month Period Since Inception Jump In Sales Was Achieved Along Witha Consistent Increase Average Price Realisation Of Rs 7 , 767 Sq Ft During Q3fy23 Went Up By 15 Per Cent Compared To The Average Price Realisation In Q3fy22 This Impressive Increase Sales Is Accompanied An Equally Rise Customer Collections From Real Estate Business , Hich Increased To Rs 621 Crore In Q3fy23 Compared The Customer Collections Of 344 Q3fy22 This Impliesa Whopping Jump 80 Per Cent Company Is On Track Meet Its Launch Target Over 15 Million Sq Ft By End Financial Year Net Debt Continues Be Similar Previous Quarter Quot Indian Economy One Fastest Growing Economies World Past Few Quarters , Eal Estate Maintained Positive Momentum In India And Remainsa Preferred Investment Avenue Amidst Market Volatility Rapid Infrastructure Development The Return To Office Trend Will Continue Spur Sector , Uot Said Ashish Puravankara , Managing Director , Uravankara Limited Highlights Quarterly Performance Summary This Story Is Provided By Businesswire India Ani Will Not Be Responsible In Any Way For The Content Of Article ,