Sunteck Realty Q1 sale bookings up 30 pc to Rs 502 cr

Sunteck Realty Ltd has posted a 30 per cent increase in its sale bookings to Rs 502 crore for April-June FY25 driven by strong housing demand.

The company had sold properties worth Rs 387 crore in the year-ago period.

It collected Rs 342 crore from customers in the first quarter of 2024-25 fiscal as against Rs 288 crore in the year-ago period, according to a regulatory filing on Friday.

During the entire 2023-24 financial year, Sunteck Realty sold properties worth Rs 1,915 crore and collected Rs 1,236 crore from customers.

All the listed real estate developers have been achieving strong sale bookings post COVID on account of surge in demand from end-users and investors.

Sunteck Realty is one of the leading real estate developers in the country with a significant presence in the Maharashtra property market.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)