Oberoi Realty Q1 Pre-Sales Drop 36%

Oberoi Realty, a big real estate company, sold fewer homes in the first three months of this year compared to last year.

They made less money from selling new homes, but they still collected a lot of money from customers who already bought homes.

The company is excited because they just started a new, very expensive project in Gurugram, where they sold a lot of luxury homes quickly.

Even though they had some legal problems with the new project, the company is still making a lot of profit and thinks they will do even better in the rest of the year.