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Top 9 listed developers see 57% YoY growth in sales booking revenue in H1 FY22
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Continuing to reap dividends from the post-pandemic surge in demand for branded homes, the top 9 stock exchange-listed developers raked in Rs 14,883 crore of revenue bookings in H1 FY22 – a sharp uptick from Rs 9,483 crore in the same period of the previous fiscal.
Even as the second COVID-19 wave wreaked economic havoc during Q1FY 22, these players effectively clocked a 57% annual growth in their overall residential booking revenues in H1 FY22.
Commenting on the same, Anuj Puri, Chairman, ANAROCK Group, said, “In terms of area, these 9 listed developers sold approx. 18.46 mn sq. ft. of housing space in H1 FY22, again in remarkable contrast to approx. 13.28 mn sq. ft. in the corresponding period a year ago. Amounting to an annual growth of
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