Oberoi Realty, a leading real estate developer based in Mumbai, has witnessed a significant decline in sales bookings for the last financial year. The sales bookings fell by 53% from Rs 8,572 crore in 2022-23 to Rs 4,007 crore in 2023-24. The decline can be attributed to a higher base in the previous year.

In the fourth quarter of the financial year, Oberoi Realty sold 228 units with a value of Rs 1,775 crore, covering a carpet area of 4.49 lakh square feet. Throughout the fiscal year, the company sold a total of 705 units with a sales value of Rs 4,007 crore and a carpet area of 10.76 lakh square feet.

Oberoi Realty is renowned for its focus on luxury and ultra-luxury residential projects. As one of the prominent real estate developers in the country, the company has established its name in the industry.

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