Sunteck Realty Sees 40% Surge in Sale Bookings to Rs 635 Crore
Mumbai-based real estate developer Sunteck Realty has reported a 40% increase in its sale bookings to Rs 635 crore during the latest December quarter, fueled by strong housing demand.
Real EstateSunteck RealtySale BookingsHousing DemandMumbaiReal Estate MumbaiJan 11, 2025
This surge in pre-sales is attributed to the robust housing demand in the market.
In a regulatory filing on Friday, Sunteck Realty revealed that during the same period last year, the company's sale bookings stood at Rs 455 crore.
This substantial growth reflects the company's strong performance and the positive market sentiment.
Furthermore, Sunteck Realty has shown a consistent growth trend throughout the April-December period of 2024-25.
The company's pre-sales surged by 34% to Rs 1,661 crore, compared to Rs 1,237 crore in the corresponding period last year.
Sunteck Realty has established itself as one of the leading real estate developers in the country, known for its high-quality projects and customer-centric approach.
The company's strategic focus on delivering value and excellence has been a key driver of its success.
The surge in sale bookings is a testament to the company's strong market position and the growing trust of homebuyers in Sunteck's offerings.
This positive trend is expected to continue, driven by the company's robust project pipeline and the ongoing recovery in the real estate sector.
Sunteck Realty continues to innovate and adapt to the changing market dynamics, ensuring that it remains at the forefront of the industry.
The company's commitment to quality and customer satisfaction is evident in its consistent performance and growing market share.
Frequently Asked Questions
What is the percentage growth in Sunteck Realty's sale bookings during the December quarter?
Sunteck Realty has reported a 40% growth in its sale bookings to Rs 635 crore during the latest December quarter.
What was Sunteck Realty's sale bookings in the year-ago period?
In the year-ago period, Sunteck Realty's sale bookings were Rs 455 crore.
How much did Sunteck Realty's pre-sales grow during the April-December period of 2024-25?
During the April-December period of 2024-25, Sunteck Realty's pre-sales registered a growth of 34% to Rs 1,661 crore from Rs 1,237 crore in the year-ago period.
What factors are driving the growth in Sunteck Realty's sale bookings?
The growth in Sunteck Realty's sale bookings is primarily driven by strong housing demand and the company's focus on delivering high-quality projects and customer satisfaction.
What is Sunteck Realty known for in the real estate industry?
Sunteck Realty is known for its high-quality projects, customer-centric approach, and consistent performance in the real estate sector.
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