New Launch8 Oct 2024, 06:59 pm
Keystone Realtors Ltd Reports 129% YoY Growth in Q2 FY25 Pre-Sales
AI Summary
Keystone Realtors Ltd, a leading real estate company, has reported a significant increase in its Q2 FY25 pre-sales, which stood at INR 7 billion, marking a 129% YoY growth. The company also launched 3 RERA projects and added 3 new redevelopment projects with a GDV of INR 20.40 billion and INR 13.33 billion respectively. The company has completed 2 RERA projects with a total construction area of 0.38 mn sqft. The financial figures are provisional and subject to audit.
Key Highlights
- Q2 FY25 Pre-Sales of INR 7 billion, showing a quarterly growth of 129% YoY basis
- Launched 3 RERA projects with a saleable area of 2.49 mn sq ft and estimated GDV of INR 20.40 bn
- Added 3 projects in Q2FY25 with a GDV of INR 13.33 bn, aligning with the goal to maintain and strengthen leadership in the redevelopment space
- Completed 2 RERA projects with total construction area of 0.38 mn sqft
- Confident about the strong pipeline of launches for the rest of FY25