Sunteck Realty has raised Rs 25 crore through Commercial Paper (CP). The tenure of the instrument is 119 days and the coupon/interest will be paid upfront at the rate of 7.95% per annum. The paper will be mature on July 10, 2020.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.