Real Estate

Macrotech reports highest quarterly pre-sales of Rs 3,354 crore in Q2

Pre-sales, or sales of residential units before their construction or completion, rose 12 percent to Rs 3,534 crore in the three months ended September from a year earlier, the company said in a statement dated October 5.
Macrotech reports highest quarterly pre-sales of Rs 3,354 crore in Q2 Oct 05, 2023

Pre-sales, or sales of residential units before their construction or completion, rose 12 percent to Rs 3,534 crore in the three months ended September from a year earlier, the company said in a statement dated October 5.

“The company has achieved 48 percent of its FY24 pre-sales guidance,” it said. “With the festive season commencing shortly and a strong launch pipeline for H2… the company is on target to meet its full-year guidance.”

Collections climbed 16 percent to Rs 2,752 c
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