Unitech has reported 47.49% fall in sales bookings in Q1FY16 to Rs 178 crore as compared to Rs 339 crore in the year-ago period. However, the sales bookings during April-June period on quarter-on-quarter basis was slightly higher than Rs 165 crore achieved in the previous quarter.
In volume terms, the sales bookings declined to 0.23 million sq ft during the quarter ended June from 0.66 million sq ft in the corresponding period of the last year. Out of Rs 178 crore of sales bookings in the first quarter of current fiscal, the residential segment contributed Rs 130 crore.
Unitech, being one of the leading real estate companies, has several business segments relating to residential, commercial, Information Technology (IT) parks, retail, amusement parks, etc, with over four decades of achievement and continues to be a prominent player with high degree of quality and affordable real estate in the Indian market space.
