Press Release15 May 2024, 07:51 pm
Keystone Realtors Announces 41% YoY Increase in Pre-Sales for FY24 at INR 22.66 bn
AI Summary
Keystone Realtors Ltd, a prominent Mumbai-based real estate company, reported strong financial performance for the year ended March 31, 2024, with Pre-Sales of INR 22.66 bn, up 41% Year-over-Year (YoY). The company added 10 new developments with an estimated saleable area of 4.1 mn sqft, and completed 12 buildings with a construction area of 4.65 mn sqft – the highest ever in any year. In Q4, Keystone Realtors reported Pre-Sales of INR 8.43 bn, up 37% QoQ, and collections of INR 6.70 bn, up 48% QoQ.
Key Highlights
- Pre-Sales for FY24 rose by 41% YoY to INR 22.66 bn
- Companies added 10 new developments, increasing the total estimated saleable area to 4.1 mn sqft
- Completed 12 buildings with a construction area of 4.65 mn sqft – a new record for the company
- Reported Pre-Sales of INR 8.43 bn in Q4FY24, up 37% QoQ
- Collections reached INR 6.70 bn in Q4FY24, up 48% QoQ