Sunteck Realty is set to embark on a new chapter with the development of two opulent housing projects in Mumbai, Maharashtra. These prestigious ventures will be situated in the upscale locales of Nepean Sea Road in South Mumbai and Bullock Road, Bandstand in Bandra West. This marks a significant milestone as the company enters two of the most exclusive locations in the city.
The real estate firm envisions transforming these prime locations into ultra-luxurious residential apartments, contributing a substantial Rs 3,000 crore to the gross development value (GDV) and further enhancing its diverse portfolio. Both projects will enjoy a coveted waterfront setting, providing breathtaking panoramic views of the Arabian Sea. Spanning a combined land parcel of 1.5 acres, these developments promise a lifestyle of unparalleled luxury.
Sunteck Realty, having experienced remarkable growth in recent years, has witnessed an impressive surge in its GDV, soaring from Rs 12,500 crore in FY2022 to an impressive Rs 30,100 crore in FY2024.
With a focus on city-centric development, the company has already made its mark with iconic buildings like Signature Island, Signia Isle, and Signia Pearl at Bandra Kurla Complex (BKC) in Mumbai. Currently boasting a substantial portfolio of approximately 52.5 million sq. ft. across 32 projects, Sunteck Realty continues to redefine the landscape of luxury real estate in Mumbai.
News by Rahul Yelligetti