New projects to revive pre-sales in near term

Company
20 Mar 2024
5 Min read 
  • Oberoi Realty's pre-sales were stagnant in FY21-23 due to lack of key launches.
  •  The company has launched new projects in 2HFY24, driving 23% YoY growth in pre-sales.
  •  Oberoi Realty is gearing up for multiple launches in 2HFY25 to further boost pre-sales.
  •  The company plans to release higher-floor inventory at existing projects to increase sales run rate.
  •  Oberoi Realty is focused on new business development and plans to close transactions soon.
  •  The company's annuity rentals are projected to surge to INR12b by FY26 from INR3b in FY24.
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