January 30, 2024: Mumbai based real estate developer Sunteck Realty is set to enter two of Mumbai’s most sought-after locations: Nepean Sea Road in South Mumbai and Bullock Road, Bandstand in Bandra (West). According to the statement issued by the company, both projects are located directly along the seafront and offer panoramic views of the Arabian Sea.
The two projects to be developed will add Rs 3,000 crore of gross development value (GDV) to Sunteck’s portfolio. As per the company’s official statement, it has more than doubled its GDV from Rs 12,500 crore in FY2022 to Rs 30,100 crore in FY2024.
Speaking about the upcoming projects, Kamal Khetan, chairman & managing director, Sunteck Realty, said, “Our commitment to deliver uber-luxury and ultra-luxury projects remains steadfast with our latest projects at Nepean Sea Road and Bandstand, where we will be creating unparalleled landmarks in Mumbai’s real estate landscape. The focus on pursuing marquee acquisitions aligns seamlessly with our business development strategy, reinforcing our growth trajectory and leadership position in the industry.”
Some of the projects that Sunteck Realty has created in the past include Signature Island, Signia Isle and Signia Pearl at BKC.
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