Sunteck Realty has issued Commercial Paper (CP) of Rs 25 crore. The tenure of the instrument is 119 days and the coupon/interest will be paid upfront at the rate of 8.25% per annum. The paper will mature on March 06, 2020.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.