Sales volume was at 5.1 lakh sq ft, strong growth of ~230% YoY. Sales value was up 220% YoY at | 970.8 crore (excluding subvention costs at | 1,016 crore). The key factors driving demand included a) mortgage rates at all-time low levels, b) buyers preferring better quality homes, especially after lockdown, c) local government interventions such as stamp duty cut and d) higher customer's preference towards readily available inventories/near completion projects. During Q4, ORL is likely to launch projects of ~4-5 mn sq ft (msf) at Borivali Phase II, Goregaon - Exquisite III and Thane. We bake...