Omaxe Q3 sales bookings up 2% at Rs 282 crore

Realty firm Omaxe Ltd’s sales bookings rose marginally by 2 per cent to Rs 282 crore during the third quarter of this fiscal on higher realisation despite demand slowdown after demonetisation move.

However, sales bookings in volume terms fell 28 per cent to 0.57 million sq ft during October-December period of the 2016-17 fiscal from 0.79 million sq ft in the year-ago period.

The average sales realisation rose by 42 % to Rs 4,955 per sq ft, according to an investors presentation.

 

Read more: The Economic Times