Sunteck Realty is planning to develop an integrated township in Mumbai Metropolitan Region (MMR) and is expecting a revenue of Rs 9,000 crore over the next 7-8 years. It plans to develop around 50-acre land parcel at Shahad (Kalyan). The company will develop a luxury integrated residential township in this location under the asset-light JDA (joint development agreement) model with Amar Dye Chem.
The project is expected to generate a top line of around Rs 9,000 crore over the next 7-8 years, further strengthening the cash flow and the balance sheet of the company.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
