Prestige Estates projects ltd admit records sales booking at Rs 5,013 Cr for 2014-15 fiscal year

Realty firm Prestige Estates Projects Ltd today reported 13 per cent increase in sales bookings at Rs 5,013 crore for 2014-15 fiscal. 

"The company has for the year ended March 31, 2015, sold 4,058 residential units and 0.81 million sq ft of commercial space, totaling to 7.73 million sq ft, amounting to Rs 5,013.5 crore of sales, up by 13 per cent from that of FY'14," Bengaluru-based developer said in a filing to the BSE. 

Prestige said that its total collections during 2014-15 aggregated to Rs 3,884.3 crore, up by 32 per cent from the previous fiscal. 

The company launched 14.63 million sq ft of developable area during FY 2014-15 and has delivered 8.92 million sq ft of developable area during FY 14-15. 

Prestige Estates said it was able to deliver 8.92 million sq ft out of the targeted 10-12 million sq ft.