Sheth Realty achieves Sales over Rs. 400 Crores from 'Promont' Housing Project

Sheth Realty's first property, "Promont," in Sion, generated sales of over 400 crores. It was marketed as one of the rarest in the eastern suburb of Mumbai, and this volume of sales occurred within nine months of its inception. Surprisingly, within 20 percent of the project's entire existence, 50 percent of it was successfully sold. This highlights a very quick market absorption that is fueled by a distinctive value offer, appealing pricing and strategic positioning.

Numerous banks, financial organizations, and investors have expressed interest in the initiative due to its high success rate.

In order to guarantee the project's continuous operation and on-time delivery to the homebuyers, Sheth Realty & Aakshya Realty got Rs. 150 Crore in funding from IndusInd Bank in January 2025 for the Promont Project near the Sion-BKC Connector.

With a target topline of over 3000 crore, Sheth Realty will begin construction on its next residential projects in Borivali, Dombivli, Versova, and Mulund during the current fiscal year 2025–2026.

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."