Real estate firm Ansal records a decline in sales bookings
Real estate firm Ansal Properties and Infrastructure‘s sales bookings in the first five months of this fiscal have declined by 13 per cent at Rs 1,088.8 crore compared with the year-ago period.
The company had sold properties worth Rs 1,250.1 crore in the April-August period last year.
The company sold 7.32 million square feet area in first five months of this fiscal against 10.43 million square feet in the corresponding period of previous year.
Ansal is currently developing 19 townships. Of the 10,000 acres it holds, 40 per cent is located in the national capital region(NCR).
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