Real estate developer Sunteck Realty has reported nearly 33% on-year growth in pre-sales at Rs 524 crore for the quarter ended September. The company has recorded collections worth Rs 267 crore for the quarter, up 25% from a year ago.
The quarterly performance has pushed pre-sales numbers for the first half of 2024-25 to Rs 1,026 crore, up 31.2% from Rs 782 crore a year ago. For the first half of the year, collections rose 21.3% from a year ago to Rs 609 crores.
Sunteck Realty focuses on city-centric development portfolio of around 52.5 million sq ft spread across 32 projects. It is currently working on three upcoming projects including one each in South Mumbai’s Nepean Sea Road, Bandstand locality of Bandra, and an international project in Dubai’s Burj Khalifa community area.