Sunteck Realty plans to foray into affordable housing segment

Sunteck Realty Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 512179 | NSE: SUNTECK

09 Feb 2017 Evaluate

Sunteck Realty is planning to start a new business vertical of affordable housing. This step has been taken by the company in order to diversify its risk and increase its sales and profits.

The estimated amount to be invested by the company will be in tune of Rs 1,000 crore. The projects for affordable housing will be located in Navi Mumbai, Thane, Kalyan and other locations close to Mumbai.

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

Peers

Company Name	CMP
Lodha Developers	1155.00
Prestige EstatesProj	1477.95
Dilip Buildcon	412.15
DLF	670.70
Oberoi Realty	1836.05
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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