Elite Landbase clocks sales of Rs 425 crore during festival

Gurugram, November 19, 2021: Gurugram based real estate consultant, Elite Landbase announced that it sold approx. 4,50,000 sq. ft. area during the festival season valuing Rs. 425 crores. The previous year turnover was Rs. 290 Crore during the same period as disclosed by the company.

Talking about the hot configurations of this festival, Navdeep Sardana, Founder and CEO, Elite Landbase, said, “We witnessed a significant increase in the sale of SCO plots which was closely followed by residential plots and independent floors.”

According to a press release issued by the company, it is expecting to achieve Rs 700+ Cr sales till December 2021. “Real estate sales momentum will continue with the same euphoria even after the festive season. Projects offering a luxury lifestyle will continue to perform well,” added Sardana.

Considering the current demand-supply trends, the company plans to focus more on residential properties in the mid ticket size range i.e. Rs 1 crore onwards.