Emami Realty is aiming at a 50 per cent jump in sales to Rs 750 crore in the current fiscal (FY23) as against nearly Rs 500 crore sales achieved in FY22. The company has targeted retiring its long-term debt by 2023-24, which is now pegged at Rs 118 crore. The developer, which has a land bank of around 2,500 acres in 7-8 cities in the country, will leverage the resource for new projects and explore monetisation of a part of it in the next few years.
Emami Realty, formerly Emami Infrastructure is a holding company engaged in construction and real estate development. The Company's primary business is development of residential, commercial and retail properties through its subsidiaries and associates
