In a regulatory filing, the Mumbai-based developer said the collection from customers increased to Rs 780 crore in 2020-21 fiscal from Rs 715 crore in the previous year.
"Aggressive project acquisition was done in FY21 within the industry - three new project acquisitions under the asset-light strategy totalling to approximately 8 million sq ft at Vasai, Vasind and Borivali," Sunteck said in its operational detail for the last fiscal.
These projects will further strengthen the cash flows and balance sheet of the company, it added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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