Seasonality and delayed approvals led to muted launches, hampering the sector’s pre-sales momentum in the half-year ending September.
In a filing on Thursday, Ajmera Realty reported a 59% increase in its overall sales area to 1.65 lakh square feet.
The broader market, which comprises mid-small cap indices, mirrored weak trends. While this smallcap index was down 0.44 percent, the midcap 100 index slipped slightly lower by 0.1 percent.