+
Sunteck acquires 7.25 acres land parcel near Mumbai
Real Estate

Sunteck acquires 7.25 acres land parcel near Mumbai

Sunteck Realty has entered into a joint development agreement (JDA) to undertake a 2.5 million square feet project on a 7.25-acre land parcel in Mira Road near Mumbai. The project is estimated to have a total revenue potential of around Rs 3,000 crore.

The company has entered into partnership with JLL, a firm specialising in real estate and investment management for this land parcel in the Beverly Park locality of Mira Road.

We have continued with our strategy to acquire projects at prime pockets of MMR and create value for our stakeholders. This acquisition is very salient for us as this project is in one of the best locations with beautiful scenic views. We envisage to create the most luxurious lifestyle residential apartments with unmatched amenities never experienced before in that micro market. We will continue to maintain and build luxury in its true sense with every project we do said Kamal Khetan, chairman of Sunteck Realty.

Sunteck Realty has entered into a joint development agreement (JDA) to undertake a 2.5 million square feet project on a 7.25-acre land parcel in Mira Road near Mumbai. The project is estimated to have a total revenue potential of around Rs 3,000 crore. The company has entered into partnership with JLL, a firm specialising in real estate and investment management for this land parcel in the Beverly Park locality of Mira Road. We have continued with our strategy to acquire projects at prime pockets of MMR and create value for our stakeholders. This acquisition is very salient for us as this project is in one of the best locations with beautiful scenic views. We envisage to create the most luxurious lifestyle residential apartments with unmatched amenities never experienced before in that micro market. We will continue to maintain and build luxury in its true sense with every project we do said Kamal Khetan, chairman of Sunteck Realty.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code