Sunteck Realty has forayed into the ultra-luxury housing segment. The company is planning to launch two new projects in Mumbai and Dubai by June next year. The gross development value of these two proposed projects is projected to be around Rs 20,000 crore. The company will develop these ultra-luxury housing projects under a by-invite-only real estate lifestyle brand 'Emaance'.
Further, each apartment will be priced above Rs 100 crore with prices reaching as high as Rs 500 crore. The company will develop one project in Nepeansea Road, Mumbai, while other project will be developed in Dubai Downtown, near the Burj Khalifa Community.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
