Real Estate (Q2FY24 Results Preview): Festive cheer awaited
Whatever is being launched is being sold, presales momentum remains strong: Real estate developers are reporting record presales in the seasonally...
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HSIE Results Daily: DLF, TVS Motor, Ashok Leyland, PNB Housing Finance
The total project size is expected to be around 3.5msf with DLF executing the first phase with a saleable area of 0.9msf and GDV of around INR 20bn+
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Real Estate: Presale momentum continues
After a strong Q4FY24, we expect a sequentially flattish presale growth in Q1FY24 (on a high Q4FY23 base, driven by sustenance sales)
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HSIE Results Daily: Avenue Supermarts, Tata Motors, DLF
Avenue Supermarts: Revenue grew by 20.1% (four-year CAGR: 19.7%) Sales density remained lower than the pre-pandemic level (~INR31.1k/sq ft in FY23...
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Real Estate - Stable Performance
Going by the numbers for FY23 reported to date by top developers, we expect annual presales for most of them to surpass their previous highs
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