+
Sunteck buys 7 acre for luxury project in Mumbai
Company News

Sunteck buys 7 acre for luxury project in Mumbai

Sunteck Realty Limited, has secured a marquee approximately 7 acres of land in Borivali (West) in Mumbai. Sunteck Realty Limited will develop a luxury residential project in the upmarket residential locality. JLL India was the exclusive transaction partner for the joint venture.

Acquired under the asset light Joint Development Agreement (JDA) model the residential project will have approximately 1 million sq ft of development potential. It is expected to generate a project top line of around Rs 1,750 crore over the next 4-5 years.

Borivali (West), a northern suburb of Mumbai, enjoys good road and rail connectivity and social infrastructure. The upcoming metro line 2A runs through the suburb, connecting Dahisar to DN Nagar and further to other parts of the city via multiple lines. The Coastal Road Project will also significantly reduce travel time.

Sunteck Realty Limited (SRL) is a Mumbai-based luxury real estate development company.

JLL is a professional services firm that specialises in real estate and investment management.

Written from a company news release.

Image: Sunteck Signia High, Borivali East

Sunteck Realty Limited, has secured a marquee approximately 7 acres of land in Borivali (West) in Mumbai. Sunteck Realty Limited will develop a luxury residential project in the upmarket residential locality. JLL India was the exclusive transaction partner for the joint venture. Acquired under the asset light Joint Development Agreement (JDA) model the residential project will have approximately 1 million sq ft of development potential. It is expected to generate a project top line of around Rs 1,750 crore over the next 4-5 years. Borivali (West), a northern suburb of Mumbai, enjoys good road and rail connectivity and social infrastructure. The upcoming metro line 2A runs through the suburb, connecting Dahisar to DN Nagar and further to other parts of the city via multiple lines. The Coastal Road Project will also significantly reduce travel time. Sunteck Realty Limited (SRL) is a Mumbai-based luxury real estate development company. JLL is a professional services firm that specialises in real estate and investment management. Written from a company news release.Image: Sunteck Signia High, Borivali East

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?