IndustryLatest Stories

Sunteck Realty to Co-Develop 3.5 Acres in Mumbai

Representative image NEW DELHI: Sunteck Realty (SRL) has secured a joint development agreement (JDA) for a project on approximately 3.5 acres (13,500 sq meters) of land in Mira Road, Mumbai. The company forecasts a saleable area of about 5.5 lakh sq ft from this development. The estimated gross development value (GDV) of the project is around ₹1,200 crore. Published On Jul 23, 2025 at 06:21 PM IST Join 2M+ industry professionals. Subscribe to our newsletter for the latest insights and analysis delivered to your inbox. Access ETRealty industry news on your smartphone!

IndustryLatest Stories

Sunteck Realty Q1 FY26 Profit Up 47% to ₹33.43 Crore

Sure! Here’s a rewritten version of the content: NEW DELHI: Sunteck Realty Ltd has announced a 47% increase in consolidated net profit, reaching ₹33.43 crore in the first quarter of the current fiscal year. In the same period last year, the net profit was ₹22.78 crore. However, total income decreased to ₹201.53 crore in the April-June quarter of 2025-26, down from ₹328.01 crore in the corresponding quarter of the previous year, as noted in a regulatory filing on Thursday. Sunteck Realty is recognized as one of the prominent real estate companies in India, having developed numerous projects in the Mumbai…