Archive · 2 Jun 2025
Sunteck Realty to Develop Residential Project in Mumbai
Sunteck Realty is going to build a new residential project in Mumbai.
They will develop a 2.5-acre piece of land in Andheri East, near the Western Express Highway.
They expect to create a lot of space for sale, about 275,000 square feet.
The company's profits went up in the last quarter, reaching ₹50 crore.
Also, they had their best year ever for sales, with ₹2,531 crore in pre-sales.
Their total income also grew, and the company's stock price increased a little bit.
Sunteck Realty will develop a residential project in Andheri (East), Mumbai.
The project will be on a 2.5-acre land parcel.
The company expects a free sale component of about 2,75,000 square feet.
Sunteck Realty's Q4 net profit rose to ₹50 crore.
The company's annual pre-sales reached a record high of ₹2,531 crore.
- Who
- Sunteck Realty Limited.
- What
- Sunteck Realty is developing a residential project.
- When
- Announced on Thursday, May 29, 2025.
- Where
- Andheri (East), Mumbai.
- Why
- To develop a residential project in Mumbai.
- Project Location
- Andheri (East), Mumbai, near Western Express Highway
- Land Area
- 2.5 acres (10,290 square meters)
- Free Sale Component
- Approximately 2,75,000 square feet
- Q4 Net Profit
- ₹50 crore
- Q4 Revenue
- ₹206 crore
- FY25 Pre-sales
- ₹2,531 crore
- FY25 Revenue
- ₹853 crore
- Sunteck Realty Share Price
- ₹414.50, up ₹4.45 (1.09%)