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

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 1167.65
Prestige EstatesProj 1632.45
Dilip Buildcon 397.10
DLF 745.00
Oberoi Realty 1739.90
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