Sunteck Realty Incorporates Wholly Owned Subsidiary, Astrica Realtors

12 Mar 2025 CW Team

Sunteck Realty has announced the incorporation of its wholly owned subsidiary (WOS), Astrica Realtors Private Limited (ARPL), on 7th March 2025. The newly formed entity will focus on construction, real estate, and allied activities.

As part of the incorporation, Sunteck Realty has acquired 100% of ARPL’s share capital, subscribing to 10,000 equity shares of Rs 10 each, amounting to a total investment of Rs 1,00,000. The company confirmed that the transaction does not fall under related party transactions, and no promoters, promoter group, or group companies have any interest in it.

Sunteck Realty’s Growth Trajectory A leading luxury real estate developer in India, Sunteck Realty boasts a city-centric development portfolio spanning 52.5 million sq. ft. across 32 projects. The company has demonstrated strong financial growth, reporting a consolidated net profit of Rs 425 million in Q3 FY25, a significant turnaround from a net loss of Rs 973 million in Q3 FY24.

Additionally, revenue from operations surged to Rs 1.61 billion in the December 2024 quarter, marking an impressive 281.06% year-on-year growth.

With ARPL’s incorporation, Sunteck Realty reinforces its commitment to expanding its footprint in India’s luxury real estate market.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..