Royalti Reports Rs. 200 Crores in Sales at Oberoi Garden City in Just 3 Days
Royalti, a prominent real estate consulting firm specialising in high-end and luxury market, reported over Rs. 200 crores in sales during the launch of Oberoi Garden City (OGC) on Pokhran Road 2, Thane. This sales figure was achieved within just three days of the launch, highlighting the company's expertise and strong market presence.
Royalti partnered with Oberoi Realty for the OGC project, a 75-acre development with five 67-storey towers. The project offers 3 BHK and 3 BHK + Studio apartments starting at Rs. 3.5 crores. The overall sales for the project reached Rs. 1,350 crores, with Royalti contributing over Rs. 200 crores from the sale of 54 units. This performance highlights the firm’s ability to understand market demand and execute successful sales strategies.
Naresh Menghrajani, CEO of Royalti, stated, “Royalti is honored to lead the transformative upscaling of Thane’s residential real estate market. This record-breaking success of Oberoi Garden City underscores the growing demand for sophisticated, luxury living in this rapidly evolving region. We are deeply grateful to Oberoi Realty for partnering with us on this landmark launch. This opportunity enabled us to showcase our expertise in premium residential sales, setting a bold new benchmark in Thane's real estate market and elevating expectations and aspirations for all stakeholders. With Rs. 40,000 crores of infrastructure projects planned for Thane, the region is primed for exceptional growth.”
Royalti’s success was based on a client-focused approach, including thorough market research, client education, and financial planning. This approach contributed to a high conversion rate, with 50% of site visits resulting in sales. The firm also saw an 85% referral rate, reflecting its strong reputation in Thane’s real estate market.
The company’s efforts before the launch were key to its success. By engaging with clients in advance and providing detailed market insights and financial support, Royalti ensured a seamless transaction process for buyers and sellers alike. This approach helped the firm achieve impressive results in a short amount of time.
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