New Delhi, Apr 5 (PTI) Realty firm Puravankara Ltd on Friday reported a 90 per cent increase in its sale bookings to a record Rs 5,914 crore during the last financial year on better demand for its housing properties.

Its sale bookings stood at Rs 3,107 crore in the year-ago period.

Also Read | BJP Foundation Day 2024 Date: Know the History and Significance of BJP Sthapna Diwas That Celebrates the Formation of the Bharatiya Janata Party.

During the fourth quarter of 2023-24, the company recorded sale bookings of Rs 1,947 crore, up 93 per cent from Rs 1,007 crore in the year-ago period.

"Puravankara Ltd has achieved a significant milestone by surpassing Rs 5,900 crore sales showcasing our customer-centric ethos and focus on quality," Ashish Puravankara, Managing Director of Puravankara Ltd, said.

Also Read | AMC Raising Day 2024: Army Medical Corps Celebrates 260th Raising Day as They Live Up To The Corps Motto.

"With successful new launches and an optimistic outlook for upcoming projects, we are now focused on replenishing our inventory with new land acquisitions. We stay committed to building international quality products, keeping the customer at the centre of our strategy," he said.

As of December 31, 2023, Puravankara has completed 83 projects measuring around 48 million square feet across 9 cities - Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa.

The company's total land bank is around 41 million square feet and ongoing projects add up to around 29 million square feet.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)