Sheth Realty achieved sales of more than 400 crores from its first project, ‘Promont’ in Sion. This quantum of sales happened within nine months of its launch, touting it as one of the rarest in the eastern suburb of Mumbai. Remarkably, 50% of the project has been successfully sold within 20% of its total project lifecycle. This underscores an exceptionally rapid market absorption driven by strategic positioning, attractive pricing, and a unique value proposition.
The project’s success rate has attracted a plethora of investors, financial institutions, and banks. In January 2025, Sheth Realty & Aakshya Realty received Rs 150 Crore funding from IndusInd Bank for Promont Project near Sion-BKC Connector to ensure the uninterrupted functioning of the project and timely delivery to the homebuyers.
In the current financial year 2025-2026, Sheth Realty will launch its upcoming residential projects strategically located in Borivali, Dombivli, Versova, and Mulund, aiming for a topline of more than 3000 Crore.
Chintan Sheth, Chairman and Managing Director of 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. Surpassing Rs 400 crore in sales is more than just a financial milestone; it signifies renewed customer confidence in our brand and the exceptional living experiences we create.”
Maulik Sheth, Managing Director of Sheth Realty, added, “This deep-rooted commitment to putting our customers first has earned us their lasting trust, and it remains the cornerstone of our success. Looking forward, Sheth Realty remains dedicated to innovation, sustainability, and customer-centric development, aiming to continue its tradition of creating iconic landmarks renowned for their smart, sustainable, and timeless appeal."
