+
Sunteck Realty inks pact for 2.5 million sq ft project in Mira Road
Real Estate

Sunteck Realty inks pact for 2.5 million sq ft project in Mira Road

Listed property developer Sunteck Realty has entered into a joint development agreement to undertake a 2.5 million sq ft residential-led mixed-use project on a 7.25-acre land parcel in Mira Road near Mumbai.

The project is estimated to have a total revenue potential of Rs 30 billion. The company has entered into a revenue-sharing alliance with a local real estate developer for this land parcel in the Beverly Park locality of Mira Road.

As part of the project that will be executed in phases, the company is planning to develop high-rise luxury housing along with a certain part as a retail component.

Also Read
Central Vista to be unveiled by PM Modi
Uttar Pradesh to form township policy before global investor summit

Listed property developer Sunteck Realty has entered into a joint development agreement to undertake a 2.5 million sq ft residential-led mixed-use project on a 7.25-acre land parcel in Mira Road near Mumbai. The project is estimated to have a total revenue potential of Rs 30 billion. The company has entered into a revenue-sharing alliance with a local real estate developer for this land parcel in the Beverly Park locality of Mira Road. As part of the project that will be executed in phases, the company is planning to develop high-rise luxury housing along with a certain part as a retail component. Also Read Central Vista to be unveiled by PM Modi Uttar Pradesh to form township policy before global investor summit

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?