Sunteck Reality aim for revenue generation from launch of four project in 2015

Q: Is sunteck realty is the next stoppages for raise fund from launch of four project in mumbai?

Sankalp, Mumbai

23rd January 2015

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In Mumbai's real estate sector, Sunteck Realty stands apart. The company expects good demand in its western surburb based projects on the back of the delivery of its flagship project Signature Island and fast progress at its Avenue I at Sunteck City in Goregaon spread over 23 acres. The Navi Mumbai project will be the companys second launch in the location post the delivery of Signia Oceans which is one of the tallest premium luxurious structures in the area.

Sunil Joshi, Mumbai

10th February 2015

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Sunteck Realty Ltd., established in the year 1981, is a Mid Cap company having a market cap of Rs 1559.04 Cr. operating in Construction sector. The company generates revenue from Sale of Commercial Flats, Shops & Plots which contributed Rs 24.50 Cr to Sales Value (63.37% of Total Sales), Project Management Fees which contributed Rs 9.91 Cr to Sales Value (25.64% of Total Sales), Rent which contributed Rs 3.82 Cr to Sales Value (9.89% of Total Sales), Sale of services which contributed Rs 0.42 Cr to Sales Value (1.08% of Total Sales), for the year ending 31-Mar-2014.

Ravi Waghmare, Mumbai

10th February 2015

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Hi sujan,
as per announcement by company these launches have been an extension of its strategy to provide premium residential projects in robust micro markets of Mumbai. it does not come up with affordable segment.

Ananya,

23rd January 2015

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Sunteck Realty is going to launch four projects in Borivali, Andheri, Bandra Kurla Complex and Navi Mumbai this year. The total development of about 1 million sq ft for the proposed projects will translate into a revenue potential of over Rs 1,000 crore in the next 2-2.5 years as per company spokesperson.

Ananya,

23rd January 2015

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Hi,
can u tell which type of project thus company is launching ? whether it is luxurious one or it is in affordable section?

Sujan Mitra,

23rd January 2015

Sunteck Realty on announced that expecting sales revenue of Rs 1,000 crore over the next two-and-a-half years from the launch of four new projects in Mumbai this quarter.

Ananya,

23rd January 2015

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