Sunteck Realty is entering into a Joint Development Agreement (JDA) for a project on the land admeasuring approximately 3.5 acres (around 13,500 sq. mtrs.), situated at Mira Road on Western Express Highway, Mumbai. The company expects to generate a sale component of approximately 5,50,000 square feet RERA carpet area from the development of this land parcel. The projected Gross Development Value (GDV) of the project is estimated at Rs 1,200 crore.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
