Sunteck Realty Launches Subsidiary Astrica Realtors for Expansion
01 Apr 2025 Editorial Team
Sunteck Realty has incorporated a wholly owned subsidiary, Astrica Realtors Private Limited (ARPL). ARPL will focus on construction, real estate, and allied activities. Sunteck Realty has acquired 100 per cent of ARPL’s share capital, investing Rs 1,00,000 in 10,000 equity shares. A major player in India’s luxury real estate market, Sunteck Realty oversees 52.5 million sq ft across 32 projects. The company posted a Rs 425 million net profit in Q3 FY25, reversing a Rs 973 million loss in Q3 FY24, with revenue surging 281.06 per cent year-on-year to Rs 1.61 billion.
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