Sunteck Realty records 26% on-year rise in January-March pre-sales

Real estate developer Sunteck Realty has recorded a 26% on-year growth in pre-sales at Rs 678 crore for the quarter ended March. For the financial year 2023-24, the company’s pre-sales rose 20% to Rs 1,915 crore.

The developer’s collections for the quarter grew to Rs 296 crore taking its total collections for the financial year to Rs 1,236 crores, the company said in a release.

Sunteck Realty added seven large projects in Mumbai Metropolitan Region (MMR) with Gross Development Value (GDV) of over Rs 30,000 crore.


The company also expanded its annuity income portfolio with two key leased assets at business district Bandra-Kurla Complex (BKC) Junction.