Mumbai’s luxury real estate developer, Sunteck Realty Limited, announced its Q1 FY22 financial results on July 3.
A press release said the company’s pre-sales during the period grew by 74 per cent y-o-y to Rs 176 crore and collections were up by 165 pc y-o-y at Rs 172 crore. While the revenue grew by 69 pc y-o-y to Rs 93 crore, the EBITDA went up by 32 pc y-o-y to Rs 21 crore.
Commenting on the performance, Kamal Khetan, Chairman and Managing Director, Sunteck Realty Ltd, said: “In this transformational environment, we remain focused on execution of our existing portfolio – reflected in construction and collection progress of our various projects. We continue to maintain our balance sheet strength, complimented by prudent cash flow management.”
Manoj Gaur, President, CREDAI-NCR, & other developers express their demands in front of Greater Noida Authority
September 23, 2022: Greater Noida Authority held a meeting with members of CREDAI recently. It was attended by Manoj Gaur,...
Avendus Capital leases around 1 lac sqft office space at Platina, by The Wadhwa Gp
Mumbai, September 22, 2022: Avendus Capital Private Limited, has leased four floors covering a total of approx. 1,00,000 sqft of...
In H1’22 Mumbai witnesses highest value of registered properties in last 5 years
Mumbai/New Delhi, September 22, 2022: Heightened property buying activity in Mumbai municipal region after the Covid19 induced slowdown has taken the home sales...
Offers galore at Signature Global food mall
Ghaziabad: To set festivity mood of consumers, Signature Global Food Mall, located at Vaishali (Ghaziabad) is ready to witness a...
Malls & High Streets: Two to co-exist
Post-pandemic India has witnessed many shifts. But more than anything it had led to a debate, both on the immediate...
German beer festival at Bhartiya Mall
Bengaluru’s leading retail and entertainment destination, Bhartiya Mall of Bengaluru recently hosted the world’s most iconic German beer festival, Oktoberfest...
Developers Speak4 weeks ago
Why the Indian Brokerage Industry needs investment in training capabilities
Report4 weeks ago
Over 45 Data Centres spanning ~13 mn sq ft to boot up in India by 2025-end
News4 weeks ago
Two newly appointed Members of UP RERA to hear the cases from the regional office
New Launches4 weeks ago
Zolo’s luxury Co-living space, Zolo Triloha
Developers Speak2 weeks ago
Chandni Chowk at the Centrepiece in tune with the wave of Commercialisation
Developers Speak1 week ago
Festive season to spurt bookings: Experts
News3 weeks ago
Retail leasing up 166% Y-o-Y in H1 2022
News3 weeks ago
Property prices to rise 27-30% annually post MOPA Airport in North Goa: 360 Realtors