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Sunteck Realty

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Sunteck Realty Ltd.
Public
Traded asBSE512179
NSESUNTECK
ISININE805D01034
IndustryReal estate development, Construction
Founded1981; 38 years ago (1981) in Mumbai, Maharashtra, India
FounderKamal Khetan
HeadquartersMumbai, India
Area served
India
ServicesCommercial and residential property development
RevenueIncrease 9,522 million (US$130 million)[1] (2017)
Increase 2,040 million (US$28 million) (2017)
SubsidiariesAmenity Software Pvt Ltd
Magenta Computer software Pvt Ltd
Satguru Infocorp Services Pvt Ltd
Piramal Sunteck Realty Pvt Ltd
WebsiteOfficial website

Sunteck Realty (BSE:512179, NSE:SUNTECK) is a publicly traded real estate company, headquartered in Mumbai, India.[2][3][4][5] It was incorporated in 1981.[6] The company is engaged in development and management of residential and commercial properties.[7]

It is a public company listed on the Bombay Stock Exchange (BSE)[8][9] and National Stock Exchange of India (NSE), since 2009.[10] Sunteck Realty has market capitalization of 57.26 billion (US$800 million), as of March 2018, reportedly by The Wall Street Journal.[6]

Sunteck's stock is valued much higher than its competition, reportedly by Forbes in 2010.[2]

History[edit | edit source]

In 1981, Suntech Realty was founded by Kamal Khetan, who ranked #91st in the list of Forbes's India's Richest People in 2009.[11]

In January, 2013, Piramal Group announced a joint venture with Sunteck Realty, called Piramal Sunteck Realty,[12] by acquiring 3.5% stake in the company.[13] The company has partnership with Piramal Group since 2006.[11][14]

Projects[edit | edit source]

Some of its commercial projects includes Sunteck Centre, Sunteck Certainity, Sunteck Grandeur and luxury residential projects are Signature Island, Signia Pearl and Signia Isles.[4]

Awards & recognition[edit | edit source]

See also[edit | edit source]


Others articles of the Topic companies : E-Doley, Plivo, Adrenaline Hunter

Others articles of the Topic India : Game Over (2017 film), India, Trishna Mukherjee, Marina Kuwar, Revv Cars, India men's junior national softball team, Abdullah Azam Khan
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References[edit | edit source]

  1. "Sunteck Realty Q4 net profit op 65% year-on-year". The Economic Times. May 23, 2018.
  2. 2.0 2.1 T., Surendar (February 9, 2010). "Room At The Top". Forbes.
  3. Bundhun, Rebecca (April 16, 2015). "Branded Homes Make Waves Among the Elite in India". The New York Times.
  4. 4.0 4.1 Lall, Pavan (Jul 18, 2017). "Making millions from marshes". Fortune.
  5. "Mumbai based Sunteck Realty's March quarter earnings preview". The Economic Times. May 23, 2018.
  6. 6.0 6.1 "Sunteck Realty Ltd". The Wall Street Journal. Retrieved 10 June 2018.
  7. Pallavi (November 13, 2017). "Sunteck sees good home demand at lower prices". Fortune.
  8. "Sunteck Realty among scrips to be shifted to Group A: BSE". India Infoline. December 30, 2017.
  9. "Sunteck Realty Ltd". bseindia.com. Bombay Stock Exchange. Retrieved June 10, 2018.
  10. "Sunteck Realty Ltd" (PDF). nseindia.com. Retrieved June 10, 2018.
  11. 11.0 11.1 "India's Richest #91 Kamal Khetan". Forbes. November 18, 2009.
  12. "Ajay Piramal floats realty JV with Sunteck". Business Standard. January 20, 2013.
  13. "Piramal buys 3.5% stake in Sunteck Realty for around ₹65 cr". The Hindu Business Line. March 20, 2014.
  14. "Piramal Enterprises floats joint venture with Sunteck Realty". The Financial Express (India). November 16, 2007.
  15. "Property Awards Winners 2015". NDTV.

External links[edit | edit source]


This article "Sunteck Realty" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Sunteck Realty. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.



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