Healthy pre-sales continue. However I think one of the key differentiators and testament to Sunteck’s efficiency is their collection efficiency, which is now north of 80%!
Total of 23 million sqf of development potential acquired over the past year and a half, with a potential development value of 20,000cr. I crudely view this as analogous to capex plans for manufacturing companies (with asset turns of 1), or order book for infra companies. Looks very promising if the RE upcycle continues.
Invested from lower levels with details in my portfolio thread Vineet Jain portfolio
Very biased!
Not investment advice