Mumbai-based Sheth Realty has achieved over Rs 4 billion in sales from its debut residential project Promont in Sion within just nine months of launch. Fifty per cent of the inventory has already been sold in less than 20 per cent of the project lifecycle—an unusually swift absorption for the eastern suburbs.

The company also secured Rs 1.5 billion in funding from IndusInd Bank in January 2025 for seamless project execution. The success of Promont has catalysed the company’s expansion plans, with upcoming launches in Borivali, Dombivli, Versova, and Mulund.

These strategic developments are expected to push Sheth Realty’s topline beyond Rs 30 billion in FY 2025-26. “Promont reflects our focus on creating spaces aligned with evolving definitions of premium living,” said Chintan Sheth, CMD, Sheth Realty. MD Maulik Sheth added that customer-first values and sustainable design remain the foundation of their approach.