New Delhi: Realty firm Kolte-Patil Developers Ltd has reported a 13 per cent decline in its sales bookings at Rs 670 crore during the second quarter of this fiscal year as it sold less area amid an overall demand slowdown in the Indian residential market.

Its sales bookings or pre-sales stood at Rs 770 crore in the year-ago period.

In a regulatory filing on Tuesday, Pune-based Kolte-Patil Developers informed that the sales volumes dipped 17 per cent to 0.86 million square feet during the July-September period of this fiscal from 1.03 million square feet in the corresponding period of the preceding year.

During the first six months of this fiscal, the company's sales bookings fell 13 per cent to Rs 1,286 crore from Rs 1,481 crore in the corresponding period of the preceding year.

Sales

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