Sunteck Realty’s promoters increase stake to 73.75%

Sunteck Realty’s promoters have increased their stake in the company to 73.75% from 73.52%. This move of the promoter shows confidence in the company’s growth prospects and strong fundamentals.

Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment. It boasts of a city centric development portfolio of about 25 million square feet spread across 24 projects and 4 rented assets.