Kolte Patil Developers has reported a marginal growth of 1 per cent in its sale bookings at Rs 711 crore in the first quarter of this fiscal year (Q1FY25) as housing demand continues to be strong. The company had sold properties worth Rs 701 crore in the year-ago period.
The company's sale bookings in volume terms rose 3 per cent to 0.96 million square feet during April-June period of 2024-25 fiscal from 0.93 million square feet in the corresponding period of the previous year. The average sales realisation declined 2 per cent to Rs 7,407 per square feet in Q1FY25 from Rs 7,545 per square feet during the period under review.
Kolte Patil Developers is a leading real estate company.
