Mumbai builder sells 125 apartments worth Rs 200 crores

Updated: 19 December, 2019 14:17 IST | PTI | Mumbai

The company said that it sees extremely good sales momentum and is confident of selling approximately 85-90 per cent of the apartments opened for sale, generating total sales worth Rs 300-325 crore in a short span of time

This picture has been used for representational purposes.
This picture has been used for representational purposes.

New Delhi: Real estate player Sunteck Realty on Wednesday said it has sold 125 apartments out of the recently launched 225 apartments in Mumbai, generating sales worth more than Rs 200 crore.

"Sunteck Realty launched 225 apartments in its first tower in 4th Avenue SunteckCity which has received an overwhelming response. It has already sold 125 apartments generating sales worth more than Rs 200 crore in 18 days from the launch day (in less than three weeks)," the real estate player said in a filing to BSE.

The company said that it sees extremely good sales momentum and is confident of selling approximately 85-90 per cent of the apartments opened for sale, generating total sales worth Rs 300-325 crore in a short span of time.

SunteckCity is an approximately 23-acre premium luxury development located at Oshiwara district Centre, Goregaon (West).

This development comprises a mix of retail, residential and commercial.
Goregaon is a suburb of Mumbai city. The shares of Sunteck Realty were trading at Rs 414.60 a piece on BSE in morning trade.

First Published: 19 December, 2019 11:39 IST

Sign up for all the latest news, top galleries and trending videos from Mid-day.com

Subscribe
loading image
This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK