Sunteck Realty Sale Bookings Up 40% To Rs 635 Crore In Dec Quarter
Mumbai-based Sunteck Realty is one of the leading real estate developers in the country.
.jfif?auto=format%2Ccompress&fmt=avif)
Sunteck Realty Ltd. has reported 40% growth in its sale bookings to Rs 635 crore during the latest December quarter, driven by bullish housing demand.
In a regulatory filing late Friday, Sunteck Realty said the company's sale bookings or pre-sales in the year-ago period was Rs 455 crore.
During April-December period of 2024-25, the company's pre-sales registered a growth of 34% to Rs 1,661 crore from Rs 1,237 crore in the year-ago period.
Mumbai-based Sunteck Realty is one of the leading real estate developers in the country.
Earlier in May, The board of directors of Sunteck Realty approved the resolution to raise Rs 2,250 crore through private placement and issue of equity shares, after the approval of shareholders. The real estate firm raised Rs 1,500 crore through private placement basis.
During that same time the firm also approved the amalgamation of its wholly owned subsidiary companies—Starlight Systems Pvt. and Satguru Infocorp Services Pvt.—with Sunteck Realty.
