REAL ESTATE COMPANIES are looking to increase the number of project launches and add new cities to boost bookings in the second half of FY25, following a muted first half due to elections and other factors.
Most developers are banking on geographical expansion, while others plan to augment the supply of mid-income housing projects for higher bookings.
Prestige Estates Projects has lined up launches across its key markets such as Bengaluru, Hyderabad, Mumbai, Goa, and Chennai, in addition to a large project in Delhi-NCR, said Irfan Razack, its chairman and MD. These projects are worth almost ₹30,000 crore of gross development value (GDV) and these will drive the sales for the next four months, he said.
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