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Sunteck Realty

Sunteck Realty

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

Contents
History
Projects
Awards & recognition
Timeline
Funding rounds
Products
Acquisitions
SBA Awards
People
Further reading
Documentaries, videos and podcasts
Companies
News

It is a public company listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE), since 2009. Sunteck Realty has market capitalization of ₹57.26 billion (US$850 million), as of March 2018, reportedly by The Wall Street Journal.

History

Suntech Realty was founded by Kamal Khetan in 1981. In January, 2013, Piramal Group announced a joint venture with Sunteck Realty, called Piramal Sunteck Realty, by acquiring 3.5% stake in the company. The company has partnership with Piramal Group since 2006.

Projects

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

Awards & recognition

Received the NDTV Property Awards for Signature Island in 2016.

Timeline

People

Name
Role
LinkedIn

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
NCLT terms realty developer's advance to landlord operational debt under IBC
January 19, 2021
The Economic Times
In August 2018, both the entities had executed a term sheet after the property owner, Goodwill Theatres, approached Sunteck Realty for the redevelopment of a property in South Mumbai.
Oberoi, Godrej Prop to gain most from Maharashtra stamp duty cut: Analysts
Puneet Wadhwa
August 27, 2020
@bsindia
After Maharashtra, analysts expect more states slash stamp duty rates. According to Jefferies, the state governments to watch out for will be Karnataka (Bangalore) and Haryana (Gurgaon)
Sunteck Realty zooms 19%, HDFC up 3% as Maharashtra govt cuts stamp duty
SI Reporter
August 27, 2020
@bsindia
The temporary reduction in stamp duty will likely help support sales of Mumbai-centric players like Oberoi Realty, Godrej Properties and Sunteck Realty, said analysts at Kotak Institutional Equities
Adani, Sunteck Realty, Suraksha Asset show interest in acquiring HDIL
IANS
August 4, 2020
@bsindia
The invitation for EOI was first published in February and subsequently revised five times till July. Submission of EOI was closed on July 31
Adani group, Suraksha, Sunteck Realty submit EOI to acquire debt-laden HDIL
Press Trust of India
August 4, 2020
@bsindia
HDIL is under corporate insolvency resolution process pursuant to the provisions of the IBC, 2016
Extension of subsidy scheme to increase demand for affordable homes
Raghavendra Kamath
May 14, 2020
@bsindia
250,000 middle income families will benefit during 2020-2021 and this will lead to an investment of over Rs 70000 crore in housing, Sitharaman said
Stock Market Today Latest Updates: Indices give up gains as Sensex tanks over 300 points, Nifty above 8,900-mark; bank, auto, energy stock fall
April 15, 2020
Firstpost
Stock Market Today LIVE Updates: Sensex soars above 770 points, Nifty crosses 9,200-mark; Rupee opens high Watch LIVE News, Latest Updates, Live blog, Highlights and Live coverage online at firstpost.com.
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Real estate
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