Sheth Realty targets Rs 30 billion topline with new launches
Real Estate

Sheth Realty targets Rs 30 billion topline with new launches

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.

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.

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?