MoneyWorks4Me

Sunteck Realty’s arm becomes Limited Liability Partnership firm

07 May 2013 Evaluate

Sunteck Realty’s subsidiary - Starlight Systems (I) has been converted into a Limited Liability Partnership (LLP) and the partners to the LLP have now revised their economic interest and the company now holds 93.5% in project Signia Isles and Signia Pearl.

Starlight Systems (I) has earlier initiated the process of conversion of its status from Private Limited Company into Limited Liability Partnership (LLP) in accordance with the Limited Liability Partnership Act, 2012.

Sunteck Realty has over 35 million square feet of city centric developments across 27 projects and 4 rented assets. Of these developments, more than 80% are premium luxury residential with balance being commercial spaces.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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