Sunteck Realty Limited has acquired a strategically located greenfield land parcel in Andheri East, Off Andheri Kurla Road, as part of its focused expansion in Mumbai’s most resilient micro-markets. Spread across around two acres, the site carries an expected gross development value of approximately Rs 2.5 billion and aligns with the company’s long-term portfolio strategy of scaling up in high-demand urban corridors.

Located in one of Mumbai’s most established mixed-use districts, the site offers proximity to the Mumbai International Airport and strong connectivity to key arterial routes, including the Western Express Highway. The land is situated less than 400 metres from Andheri–Kurla Road and within 250 metres of Sahar Road, supported by metro access and well-developed surrounding infrastructure comprising premium hotels, office hubs and residential neighbourhoods.

The acquisition underscores Sunteck Realty’s disciplined approach to identifying high-quality opportunities in competitive markets. The land had been subject to long-standing ownership complexities involving multiple stakeholders. Over the past 18 months, the company engaged with all concerned parties to resolve these issues and secure clear ownership, unlocking the site’s development potential.

Commenting on the acquisition, Kamal Khetan, Chairman & Managing Director, Sunteck Realty Limited, said the transaction reflects the company’s ability to execute complex deals and deploy capital at compelling values in locations where branded supply remains limited.

This marks Sunteck Realty’s third strategic portfolio addition in the current financial year, following a land acquisition in Mira Road and securing development rights for a society in Andheri East, reinforcing its calibrated growth strategy across Mumbai’s western suburbs.