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Sunteck Realty to launch 4 projects in Mumbai this quarter

23 Jan 2015 Evaluate

Sunteck Realty is all set to launch 4 projects in Borivali, Andheri, Bandra Kurla Complex and Navi Mumbai this quarter. The total development of about 1 million sq. feet for the proposed projects will translate to a revenue potential of over Rs 1000 crore in the next 2-2.5 years.

The company is expecting good demand in its western surburb based projects on the back of the delivery of its flagship project ‘Signature Island’ and fast progress at its Avenue I at ‘Sunteck City’ in Goregaon spread over 23 acres. The Navi Mumbai project will be the company's second launch in the location post the delivery of ‘Signia Oceans’ which is one of the tallest premium luxurious structures in the area.

Sunteck Realty primarily focuses on the development of ultra premium and luxury residential properties in city-centric locations of Mumbai. Its development activities include multi-unit apartment buildings, block re-developments, planned communities and commercial spaces.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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