moneycontrol.com-DLF, Oberoi Realty poised to achieve robust sales in Q3FY25, says Morgan Stanley
Morgan Stanley has highlighted that the real estate sector’s outlook remains favourable on the back of strong sales momentum in the third quarter of the financial year 2024-2025. The firm observed that real estate companies like DLF Limited and Oberoi Realty are expected to report robust pre-sales in the third quarter of FY25.
Morgan Stanley, in its report said, "Expect DLF and Oberoi to show very strong sales momentum in Q3FY25 with key launches, resulting in 20-35 percent QoQ growth in sales. DLF expected to report growth of 60 percent YoY in FY25 outpacing peers."
It said that pre-sales of 150 units at DLF’s Dahlias project for Rs 120 billion (Rs 12,000 crore) and 13 units at Oberoi’s 360 West project are “positive surprises”.
