News
INFRAMANTRA aims Rs 1000 cr FY24 sales
February 15, 2023, New Delhi: Real estate service provider, INFRAMANTRA is targeting home sales of Rs 1000 crore in the fiscal 2023-24 as it ramps up operations in Noida and Pune.
A press release issued by the company says that, for the current financial year, INFRAMANTRA had set a sales target of Rs 350 crore, and within 9 months, they completed transactions worth Rs 400 crore. Now, they are aiming to close sales of around Rs 600 crore.
Recently, INFRAMANTRA opened its offices in Noida and Pune, and now they are planning to open offices in Bangalore and Mumbai, in the second quarter of FY23–24.
“The Indian real estate industry is currently thriving despite the headwinds facing the global real estate market. Many factors have contributed to this success, including strong economic growth, favourable demographics and increased foreign investment. This has resulted in increased demand for housing, both from first-time buyers and those looking to up trade their homes.” said Shiwang Suraj, Founder & Director at INFRAMANTRA.
-
News4 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News2 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News3 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News4 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News3 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News3 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News4 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances
-
News2 weeks ago
SKA Forays In Luxury Housing: Launches SKA Destiny One in Greater Noida, To Invest Rs 592 Crores