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The Guardians Real Estate Advisory sells 1,827 units in Q1 FY 2022-23

Mumbai, July 8, 2022: The Guardians has clocked in a consolidated sales turnover for its developer clientele of Rs 3,133 crore in Q1 FY 2022-23. This stems from 1,827 units sold, translating to 12 lakh sq.ft. carpet area across geographies in the first quarter of this fiscal at an average ticket size of Rs 1.7 crore, says a release issued by the company. 

The firm has generated 4,20,081 leads for enquiry and 30,792 walk-ins across 41 new launches in Western, Central and South Mumbai, as well as Thane, Navi Mumbai, Pune and Bengaluru.

The Guardians sold 397 units worth Rs 599 crore in the Western suburbs, across 11 projects that contributed to 19% of the quarterly sales turnover. The Central suburbs saw sales of 866 units worth Rs 1,530 crore across 15 projects. South Mumbai resulted in 291 units worth Rs 779 crore sold across 10 projects. New markets beyond Mumbai saw sales of 273 units worth Rs 225 crore across 5 projects.

Ram Naik, Director, The Guardians Real Estate Advisory said, “The past 2 years have changed the way people live and work, and hence the demand and supply dynamics in the real estate market were completely disruptive in nature. The reason why we sold more homes consistently in the last two years of the pandemic and also in the first quarter of this financial year is due to the convergence between our market and product intelligence, technology and marketing and sales strategies, which has helped our developer clients to adapt to the sudden disruptions caused by the various factors.”