Oberoi Realty has reported over two-fold jump in its sales bookings at Rs 828.52 crore for the quarter ended September (Q2FY22) on improved housing demand driven by low mortgage rates. The company's sales bookings stood at Rs 327.30 crore in the year-ago period.
The company sold 200 units during the July-September quarter as against 45 units in the year-ago period. In terms of volume, it sold nearly 4.4 lakh sqft area in the second quarter as compared to over 1.3 lakh sqft area in the corresponding period of the previous year.
Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.
