Migsun Group, one of the leading real estate developers headquartered in Ghaziabad today announced that the Company has received an overwhelming response of buyers during the festive period. In the 45 day period which began with Navratras, Migsun recorded bookings of 557 units worth Rs 260 crore. This is a sharp jump as compared to last year’s festive season wherein the company reported bookings to the tune of 300 units accounting for 3.5 lac sq. ft. valued at Rs 125 crore.
Migsun booked a total of 7.8 lac sq. ft., the bulk of which is in the residential segment. The Company received bookings across its various projects like Migsun Ultimo (Greater Noida West), Migsun Kiaan (Ghaziabad), Migsun Roof (RNE, Ghaziabad), Migsun Mannat (Greater Noida) and Migsun Twinnz (Greater Noida) among others. All of these projects are located in the NCR region and offers top-class amenities and facilities at a very competitive rate.
The Company is currently developing 16 projects both residential and commercial put together across various locations.
Recently, Migsun has also received Occupational Certificate for its project MigsunUltimo and is in the process of delivering another project way ahead of its RERA deadline. These factors along with several others seem to have contributed towards the huge spike in sales.
Commenting on the tremendous response received during this festive season, Mr Yash Miglani, Managing Director, Migsun Group said, “In the last month or so, we have received tremendous response from the buyers. A host of factors like lower interest rate, reasonable prices and our tremendous track record of timely delivery have all contributed towards it. With the Government also announcing several steps for revival of the sector in the last couple of months have also boosted the trust and confidence of the buyer in the sector. Needless to say, this has been one of the major reasons behind the surge in demand.”