MoneyWorks4Me

Omaxe witnesses more than double sales in 2019-20

07 Dec 2020 Evaluate

Omaxe has witnessed more than doubled its sales at Rs 2145 crore in 2019-20. The Tier II & III cities real estate bellwether Omaxe, in its annual report 2019-20 filed in the stock exchanges, reported that it sold a total area of 8.26 million square feet worth Rs 2145 crore in FY 2019-20 as against 3.55 million sq. ft. area worth Rs 872 crore in 2018-19. The average realization increased for the financial year 2019-20 to Rs. 2912 per square feet for residential and Rs. 8382 per sq. ft. for commercial projects.

Omaxe is an India-based company engaged in real estate and infrastructure businesses. The Company operates in two segments Real estate and Construction.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
View more..