Sunteck Realty Acquires Andheri East Land; GDV at Rs 25 billion

21 Jan 2026 CW Team

Sunteck Realty Limited has acquired a strategically located land parcel of around two acres in Andheri East, off Andheri–Kurla Road, with an estimated gross development value (GDV) of approximately Rs 25 billion. The acquisition reinforces the company’s expansion strategy in Mumbai’s high-demand and resilient urban corridors.

The greenfield site is situated in a well-established mixed-use district, less than 400 metres from Andheri–Kurla Road and within 250 metres of Sahar Road, with strong connectivity to the Western Express Highway, metro networks and Mumbai International Airport. The surrounding micro-market is supported by mature social and commercial infrastructure, including premium hotels, office developments and residential neighbourhoods.

The transaction involved resolving land-level complexities and litigation spanning over a decade and multiple stakeholders. Over the last 18 months, Sunteck engaged with all concerned parties to secure clear ownership and unlock the site’s development potential.

Commenting on the acquisition, Kamal Khetan, Chairman & Managing Director, Sunteck Realty Limited, said, “At Sunteck, we are highly selective about where and how we deploy capital… In a high-demand location like Andheri East, where quality, branded supply remains limited, this site presents a strong opportunity to deliver a differentiated, value-accretive development.”

This marks Sunteck Realty’s third strategic portfolio addition in the current financial year, following acquisitions in Mira Road and Andheri East, further strengthening its presence across Mumbai’s western suburbs.

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