Archive · 23 Jun 2025
Sunteck Realty Eyes FY26 Growth with Redevelopment Focus
Sunteck Realty, a real estate company, is working to grow its business in the next year.
They are planning to redevelop old buildings to make more homes, aiming to make a good profit from each project.
The company did very well in selling homes last year and expects to continue that success.
Sunteck is also starting new projects, including one in Dubai.
However, the company knows that it may face problems like delays in getting approvals and selling homes in Mumbai where they focus their business.
Sunteck Realty plans for FY26 growth, focusing on redevelopment and new projects.
The company has been appointed to redevelop a housing society in Andheri (East), Mumbai.
Sunteck aims for an internal rate of return of 30-40% on its projects, with several in advanced planning.
The firm recorded pre-sales of ₹2,531 crore in FY25, and expects similar growth in FY26.
Sunteck faces challenges like execution delays and geographical risk due to concentration in Mumbai.
- Who
- Sunteck Realty, a real estate development company.
- What
- Sunteck Realty plans to grow through redevelopment and new projects in FY26.
- When
- Sunteck is targeting FY26 for growth and project launches.
- Where
- Projects are located in Mumbai, including Andheri (East), Bandra West, Oshiwara, Goregaon, and Dubai.
- Why
- To unlock high-margin opportunities and expand its portfolio through asset-light growth.
- Company
- Sunteck Realty
- FY25 Pre-sales
- ₹2,531 crore
- GDV of Andheri Project
- ₹1,100 crore
- Internal Rate of Return Target
- 30-40%
- Projects for FY26
- ₹7,600 crore
- Dubai Project GDV
- ₹9,000 crore