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Real estate developer Lodha Group said it had achieved sales of over Rs 1,200 crore in March 2017, its strongest monthly sales performance ever.
The company said it had surpassed its earlier benchmark of Rs 800 crore recorded last month, in February 2017.
Lodha Group has achieved combined sales of Rs 2,000 crore for the months of February and March, reflecting market leadership and growth of the real estate sector.
In the corresponding period of FY 2015-16, Lodha Group had achieved combined sales of Rs 1,300 crore.
Prashant Bindal, Chief Sales Officer, Lodha Group, said: “Our sales performance in the last two months has shown the strength of demand in Mumbai. This FY, we have handed over more than 7,100 homes to customers. We spent almost Rs 4,000 crore on construction, which is the equivalent of completing construction of 2 crore sq. ft. in one year. We have modelled our sales and marketing set-up like a good FMCG company and have been able to attract world-class talent to ensure that we can understand and service customer needs in a manner that has never been done in the Indian real estate sector before.”
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