Sunteck Realty April-June pre-sales Rs 387 crore, up 16% on-year
Realty developer Sunteck Realty has recorded 16% year-on-year growth in pre-sales at Rs 387 crore for the quarter ended June. The company’s collections for the quarter rose to Rs 288 crore from Rs 285 crore a year ago.
Realty developer Sunteck Realty has recorded 16% year-on-year growth in pre-sales at Rs 387 crore for the quarter ended June. The company’s collections for the quarter rose to Rs 288 crore from Rs 285 crore a year ago.
For the financial year 2022-23, the developer’s pre-sales recorded a 23% rise to Rs 1,602 crore, while collections registered a 19% growth at Rs 1,250 crore.
The growth registered in the company’s pre-sales was on account of robust contribution from all its ongoing projects across Mumbai Metropolitan Region (MMR).
The developer had launched a residential project in March and that has continued to see robust bookings. The company expects the sales momentum to continue as it has a strong pipeline of planned launches in the next two quarters.
For the financial year 2022-23, the developer’s pre-sales recorded a 23% rise to Rs 1,602 crore, while collections registered a 19% growth at Rs 1,250 crore.
The growth registered in the company’s pre-sales was on account of robust contribution from all its ongoing projects across Mumbai Metropolitan Region (MMR).
The developer had launched a residential project in March and that has continued to see robust bookings. The company expects the sales momentum to continue as it has a strong pipeline of planned launches in the next two quarters.
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- [email protected]
- Issued By
- https://www.sunteckindia.com/media
- Phone
- 91 2261989898
- Business Address
- 5th Floor, Sunteck Centre, 37-40, Subhash Road, Vile Parle (East) Mumbai-400057
- Country
- India
- Categories
- Real Estate
- Last Updated
- July 26, 2023