Ajmera Realty Sees Positive Growth in Housing Market Amid Steady Performance
Ajmera Realty & Infra India Ltd reported a 7% growth in sale bookings to Rs 270 crore in Q3 due to better housing demand. The company's sales also increased by 14% during the April-December period. Director Dhaval Ajmera highlighted the strong performance driven by recent launches and limited inventory.
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- India
Ajmera Realty & Infra India Ltd has reported a 7% increase in sale bookings for the December quarter, reaching Rs 270 crore, buoyed by stronger housing demand.
The company's sales grew by 14% to Rs 830 crore during the April-December period of the 2024-25 fiscal year, compared to Rs 730 crore in the corresponding period last year, as per a regulatory filing.
Dhaval Ajmera, Director of Ajmera Realty, emphasized that the performance was propelled by recently launched projects and a limited inventory, indicating alignment with market expectations. The company is looking to launch new projects soon, boosted by stable market conditions and a steady repo rate.
(With inputs from agencies.)