Sunteck Realty is planning to enter the highly lucrative second home space with the acquisition of approximately 110 acres on the Pen-Khopoli Road under the asset light JDA strategy. The project has a prominent river frontage. This land will be used for plotted and luxurious bungalows development. It has direct access to Pen-Khopoli main road and is located close to Pen city.
The company has been one of the largest acquirer of projects over the last 18 months, strengthening its presence in the MMR market as well as its credentials as one of the fastest growing real estate companies in India.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
