MoneyWorks4Me

Sunteck Realty awards construction contract of ‘Sunteck City’ to L&T

21 May 2013 Evaluate

Sunteck Realty, Mumbai’s leading real estate player has awarded a construction contract to Larsen & Toubro (L&T). This contract is specifically for the company’s Goregaon project Sunteck City that is spread over an expanse of 23 acres. L&T has recently commenced construction activity on Avenue 1- the first set of development. Avenue 1 includes approx 400 apartments and is spread over 1 million square feet of built up area.

Sunteck’s Goregaon project ‘Sunteck City’ includes 6 million square feet of mixed used development that will be launched in multiple phases. The company may even extend the association to the other Avenues being launched at Sunteck City. The company is also looking at launching Avenue 2 at Sunteck City shortly.

Sunteck Realty primarily focuses on the development of ultra premium and luxury residential properties in city-centric locations of Mumbai. Its development activities include multi-unit apartment buildings, block re-developments, planned communities and 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
View more..