Sheth Realty sets Rs 30 billion target for FY26 launches

24 Apr 2025 CW Team

Mumbai-based Sheth Realty is targeting a topline of over Rs 30 billion in the financial year 2025-2026, driven by planned launches in Borivali, Dombivli, Versova, and Mulund. The announcement follows the success of its debut project, Promont, located near the Sion-BKC Connector, which recorded sales worth Rs 4 billion within nine months of its launch. The company reported that 50 per cent of the project inventory was sold during just 20 per cent of its overall project lifecycle.

In January 2025, Sheth Realty and Aakshya Realty secured Rs 1.5 billion in funding from IndusInd Bank to ensure the seamless execution of Promont, reinforcing investor and institutional confidence in the brand.

Chintan Sheth, Chairman and Managing Director, Sheth Realty, stated, “Promont embodies our commitment to actively listening to market preferences and delivering thoughtfully designed homes that resonate with evolving definitions of premium living.”

Maulik Sheth, Managing Director, added, “Looking forward, Sheth Realty remains dedicated to innovation, sustainability, and customer-centric development, aiming to continue its tradition of creating iconic landmarks.”

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