Sunteck Realty Launches 2.5 Acre Residential Project in Mumbai
Sunteck Realty, a leading real estate developer, is set to develop a residential project on 2.5 acres of land in Mumbai's Andheri East. The project, expected to generate a free sale component of about 2,75,000 sq ft, has a total gross development value of ₹1,100 crore.
Sunteck RealtyMumbaiAndheri EastResidential ProjectReal EstateReal Estate MumbaiMay 29, 2025
The development will be entirely funded through internal accruals, ensuring financial stability and reducing external dependencies. The project is anticipated to be completed within 36 to 48 months from the commencement of construction, following the handover date by the society.
Sunteck Realty's wholly-owned subsidiary has been appointed to oversee the project, which is strategically located in the bustling suburb of Andheri East. This area is known for its well-connected infrastructure and vibrant community, making it an ideal location for a high-end residential project.
The company's commitment to quality and sustainability is reflected in the project's design and construction plans. The development will include modern amenities and green spaces, catering to the needs of modern families. Kamal Khetan, the CEO of Sunteck Realty, emphasized the company's dedication to delivering a premium living experience.
'This project is a testament to our commitment to excellence and our focus on creating sustainable, high-quality living spaces,' Khetan said. 'We are excited to bring this project to life and contribute to the growth and development of Andheri East.'
The project is expected to attract a diverse range of homebuyers, from young professionals to families looking for a comfortable and convenient living environment. The strategic location, combined with the project's premium features, is expected to drive strong demand and ensure a successful launch.
Sunteck Realty has a strong track record in the real estate sector, with a portfolio of successful projects across Mumbai and other major cities in India. The company's expertise in residential and commercial development, coupled with its commitment to customer satisfaction, makes it a trusted name in the industry.
The development of this project is a significant step forward for Sunteck Realty and is expected to further solidify its position as a leading real estate developer in Mumbai. With a focus on innovation and sustainability, the company is well-positioned to meet the evolving needs of the market and deliver exceptional value to its stakeholders.
Frequently Asked Questions
What is the total gross development value (GDV) of the project?
The total gross development value (GDV) of the project is ₹1,100 crore.
How long is the expected completion time for the project?
The project is expected to be completed within 36 to 48 months from the commencement of construction.
Where is the project located?
The project is located in Andheri East, Mumbai.
How much free sale component is expected to be generated from the project?
The project is expected to generate a free sale component of about 2,75,000 square feet.
Who is the CEO of Sunteck Realty?
The CEO of Sunteck Realty is Kamal Khetan.
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