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October 18, 2024
PI Global Investments
Real Estate

Private equity investment in Indian real estate falls 4%


Real estate developer Sunteck Realty has announced a nearly 33% year-on-year increase in pre-sales, totaling Rs 524 crore for the quarter ending September. The company’s collections for the period reached Rs 267 crore, marking a 25% rise compared to last year.
This strong quarterly performance brings the pre-sales for the first half of 2024-25 to Rs 1,026 crore, reflecting a 31.2% increase from Rs 782 crore a year prior. Additionally, collections for the first half of the year grew by 21.3% to Rs 609 crore.
Sunteck Realty maintains a city-centric development portfolio of approximately 52.5 m..





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