Godrej Properties reports 77% rise in sales bookings in Q4

Godrej Properties has reported 77% rise in its sales bookings to Rs 1,066 crore in the fourth quarter of the last fiscal despite market slowdown as against sales bookings of Rs 601 crore in the January-March quarter of 2012-13. The company’s sales bookings more than doubled in volume terms to 13.43 lakh sq ft during January-March quarter of last fiscal as against 6.36 lakh sq ft in the same period of 2012-13. For the entire 2013-14 fiscal, however, the bookings declined by 12% in value terms and 27% volume- wise compared with the previous financial year.