During the quarter, the developer recorded bookings for 4.43 lakh sq ft space taking its total bookings for the half-year ended September to 5.35 lakh sq ft.
“The vaccination progress, improved pandemic scenario in Maharashtra and historically low home loan rates have improved market sentiments and instilled confidence in the homebuyers. We are certain that there will be further consolidation amongst developers who can offer an aspirational lifestyle and have a proven track record of quality construction and delivery,” said Vikas Oberoi, CMD, Oberoi Realty.
According to him, the company’s projects have performed well during the quarter due to the increased awareness of homeownership and clear preference towards established and financially stable brands. The company is confident that the sales momentum will continue.
