Sunteck Realty planning to develop integrated township in Mumbai Metropolitan Region
17th Sep 2021

Sunteck Realty is planning to develop an integrated township in Mumbai Metropolitan Region (MMR) and is expecting a revenue of Rs 9,000 crore over the next 7-8 years. It plans to develop around 50-acre land parcel at Shahad (Kalyan). The company will develop a luxury integrated residential township in this location under the asset-light JDA (joint development agreement) model with Amar Dye Chem.

The project is expected to generate a top line of around Rs 9,000 crore over the next 7-8 years, further strengthening the cash flow and the balance sheet of the company.

Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.