mumbai may 17 anand piramalled piramal realtys sales booking jumped nearly fourfold to rs 3400 crore in 201819 on the back of improved housing demand the companys sales booking stood at about rs 900 crore in 201718 piramal realty sold nearly 1000 apartments in the last fiscal with south mumbai accounting for more than half of the total sales for the current fiscal we are looking at sales of rs 3800 crore companys founder anand piramal said the company is looking at doubling its portfolio to 30 million sq ft in the next two years he added piramal realty has so far launched over 3500 units under five real estate projects the company will continue focusing on mumbai as it believes the market has a lot of potential given the current scenario post new realty law rera and demonetisation piramal said according to the data inventory worth rs 80000 crore was sold in the last fiscal in the mumbai metropolitan region mumbai is growing at an exponential pace owing to the constant influx of working population being one of the largest and most stable real estate markets in the country we believe it has a lot of untapped potential piramal said he further said there are multiple opportunities to partner with other developers and acquire good land parcels also with the reforms in place the demand in the residential sector increased due to improved market sentiment at the same time there is a lot of confidence among prospective homebuyers owning to increased transparency and clarity he added psk mjh ap mjh ruj anu anu