Sunteck Realty eyeing pre-sales to grow over three times by FY28

Sunteck Realty Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 512179 | NSE: SUNTECK

20 Apr 2023 Evaluate

Sunteck Realty is eyeing pre-sales to grow over three times to Rs 5,000 crore by FY28 as it launches three large luxury projects and completes the ongoing ones. The luxury projects-focused realtor would close FY23 with around Rs 1,700 crore in pre-sales/bookings and a Rs 513 crore revenue on the balance sheet. For the first nine months of FY23, its net income stood at Rs 29 crore, up from Rs 25 crore a year ago, on a revenue of Rs 314 crore.

Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.

Peers

Company Name	CMP
Lodha Developers	1162.00
Prestige EstatesProj	1473.00
Dilip Buildcon	412.40
DLF	680.50
Oberoi Realty	1850.05
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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