Sunteck Realty Sees 30% Surge in Sales to Rs 502 Cr in Q1 FY25
Sunteck Realty, a leading real estate developer, reports a 30% increase in sales to Rs 502 crore in Q1 FY25, driven by strong housing demand in Maharashtra.
Sunteck RealtyReal EstateMaharashtra Property MarketHousing DemandSales BookingsReal Estate MaharashtraJul 12, 2024
The impressive sales figures were announced by the company in a regulatory filing, which revealed that Sunteck Realty had sold properties worth Rs 387 crore in the same period last year. This marks a 29.7% year-on-year growth in sales.
For the entire 2023-24 fiscal year, Sunteck Realty sold properties worth Rs 1,915 crore. The company's strong performance in the Maharashtra property market has been a major factor in its success.
Information
Sunteck Realty is a prominent real estate developer with a significant presence in the Maharashtra property market. The company is known for its high-quality residential and commercial projects, which have earned it a reputation as one of the country's leading developers.
Sunteck Realty Ltd is a leading real estate developer in India, with a focus on creating high-quality residential and commercial spaces. The company is committed to delivering exceptional customer experiences through its innovative projects and services.
The Maharashtra property market has been a key driver of Sunteck Realty's growth, with the company's projects in the region being highly sought after by homebuyers and investors alike.
The strong housing demand in Maharashtra is driven by factors such as urbanization, infrastructure development, and a growing economy. The state's strategic location and business-friendly environment have also made it an attractive destination for industries and businesses, further driving demand for housing and commercial spaces.
Sunteck Realty's strong performance in Q1 FY25 is a testament to the company's commitment to delivering high-quality projects that meet the evolving needs of customers in the Maharashtra property market.
Frequently Asked Questions
What is Sunteck Realty's sales figure for Q1 FY25?
Rs 502 crore, a 30% increase from the same period last year.
What drove Sunteck Realty's sales growth in Q1 FY25?
Strong housing demand in the Maharashtra property market.
What is Sunteck Realty's presence in the Maharashtra property market?
The company has a significant presence in the Maharashtra property market, with a focus on creating high-quality residential and commercial spaces.
What is the total value of properties sold by Sunteck Realty in the 2023-24 fiscal year?
Rs 1,915 crore.
What is Sunteck Realty's commitment to customers?
The company is committed to delivering exceptional customer experiences through its innovative projects and services.
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