Business Update14 Oct 2023, 09:59 pm
Sunteck Realty Limited Reports Strong Pre-Sales Growth of 17.2% YoY in Q2 FY24
AI Summary
Sunteck Realty Limited, a premium luxury real estate developer, has announced its operational and business updates for the quarter and half year ending September 2023. The company registered a growth of 16.7% YoY in pre-sales to Rs 782 crores during H1 FY24, with collections standing strong at Rs 502 crores. The company also announced a joint investing platform with IFC, World Bank Group to promote the development of close to 12,000 high-quality housing units in the Mumbai Metropolitan Region.,
Key Highlights
- 17.2% YoY growth in pre-sales in Q2 FY24
- Strong collections of Rs 502 crores in H1 FY24
- Joint investing platform with IFC, World Bank Group to develop 12,000 housing units in MMR