We expect positive momentum in realty sales in year ahead: Pavitra Shankar

'We plan to launch 8 million square feet in residential projects and 2 million square feet in commercial projects in FY23'

Bengaluru-based Brigade Enterprises posted its highest ever sales of 4.72 million sq ft in FY22 with a total value of Rs 3,023 crore. Pavitra Shankar, executive director, talks to Raghavendra Kamath on the company’s plans for different segments of real estate and her views on inflation and rising interest rates. Excerpts:

In FY22, you recorded the highest ever residential sales. Can you explain what led to this record number?

In FY22, we achieved our highest ever pre-sales number of 4.7 million square feet with a booking value of Rs 3,000 crore. The value proposition of the location, design, floor plans and amenities, in