Prestige Group Sales Growth: 30% Increase in Q1FY24
Are you looking for the best real estate developer in India? If yes, then you should know about Prestige Group. The leading real estate brand that has reported a 30% increase in sales in the first quarter of FY24.
Prestige Group is known for its customer-centric approach, diversified product portfolio and substantial brand equity. The company has completed over 250 projects across India. It has over 50 ongoing projects in residential, commercial, retail, hospitality and industrial segments.
In the first quarter of FY24, Prestige achieved a sales value of Rs 3914.7 crore. It is 30% higher than last year. The company sold 3.83 million square feet of space. An average realization of Rs 10,244 per square foot for apartments. Villas and commercial sales and Rs 5,007 per square foot for plots sales.
The company also launched new projects in Bengaluru, Hyderabad and Chennai, which received an overwhelming response from customers. The company achieved a pre-sales value of Rs 2,500 crore from these projects.
Mr Irfan Razack, Chairman and Managing Director of Prestige Group, has also made an comment. It said, “We are delighted to report a strong performance in the first quarter of FY24, despite the challenges posed by the pandemic. We can sustain this momentum in the coming quarters as we launch more projects across our key markets.”
If you want to buy a property from Prestige Group, do fill up your contact details and our sales team will guide you in the whole procedure. You can also follow them on social media to get the latest updates on their projects and offers.
Prestige Group is the best real estate developer in India that offers customers quality, luxury and comfort. Take advantage of this opportunity to invest in your dream home with Prestige.
You can also read- Prestige Group buys sea-facing land in Mumbai for Rs 704 crore | Luxury Project
