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Shriram Properties will develop a residential project encompassing around four lakh sq ft of aggregate saleable area. This project has revenue potential of over Rs 250 crore.
Shriram Properties' net consolidated total income stood at Rs 240.57 crore in Q3 FY24, a growth of 8.36 per cent from Rs 222.01 crore it recorded in the similar quarter last year.
For the financial year 2023-24, Shriram Properties has guided the market for about 4.8 million sq ft of pre-sales volume and Rs 2,400-2,500 crore of sales value. It is also looking to deliver about 3,000 units by the FY24-end and three new launches during Q3 FY24.
Shriram Properties' net consolidated total income stood at Rs 157.17 crore in Q1 FY24, a growth of 8.31 per cent from Rs 145.11 crore it recorded in the similar quarter last year.