Shriram Properties has reported a marginal increase in its sales booking to Rs 415 crore during the quarter ended December (Q3FY22). The company’s sales bookings had stood at Rs 410 crore in the year-ago period.
During the first nine months of this fiscal, the total sales bookings crossed the Rs 1,000 crore mark, reflecting a growth of 60 per cent year-on-year. The company achieved aggregate collections of Rs 900 crore during the April-December period of this fiscal, up 57 per cent y-o-y. Total collections for the December 2021 quarter was around Rs 337 crore in Q3, up 21 per cent y-o-y.
Shriram Properties is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories.