The Chairman and MD of the Mumbai-focused real estate company notes that no player can ignore the middle-income class opportunity. He adds that Sunteck has seen significant growth despite sector headwinds over 15 years.
In a significant move to address the acute affordable and mid-income housing shortage in India, IFC and Sunteck Realty are partnering to create a joint platform with a total investment of up to INR 7,500 million to promote the development.
Realty developer Sunteck Realty has recorded 16% year-on-year growth in pre-sales at Rs 387 crore for the quarter ended June. The company’s collections for the quarter rose to Rs 288 crore from Rs 285 crore a year ago.
They have filed an insolvency petition as financial creditors under the Insolvency and Bankruptcy Code, seeking the recovery of the money from Starlight Systems Pvt Ltd, an arm of Sunteck and appointment of an insolvency resolution professional.
Omkar Realtors has clocked a record delivery of 3,000 rehab units in its Bhoiwada (Parel-Sewri belt) residential project with its latest handover of 370 rehabilitation units under the state governments SRA scheme.
Mumbai’s leading SRA developer, Omkar Realtors has clocked a record delivery of 3,000 rehab units in its Bhoiwada (Parel-Sewri belt) residential project with its latest handover of 370 rehabilitation units under the state governments SRA scheme.
There isn't anything more enjoyable than time spent in a park, the feel of the lush green grass below your feet, neatly trimmed hedges, colourful flower beds, butterflies and the cheerful chirping of birds.
Sunteck Realty Limited, the Mumbai-based premium luxury real estate developer has been honored as an “EDGE Champion” by EDGE-IFC, a member of World Bank Group during glittering ceremony - Green India Drive-organized by EDGE-IFC at Mumbai.
Sunteck Realty and IFC are establishing a framework for greater collaboration in pursuit of their shared aspirations to move the construction industry on to a lower-carbon, more resource efficient path.
Upgrad will pay starting rentals of close to Rs 300 per sq ft per month on carpet area basis. The total revenue generated from the project will amount close to Rs 2,000 crore over the entire lease tenure.
NEW DELHI : Sunteck Realty Limited (SRL) has leased out around 2 lakh square feet of built-up area of its premium commercial building ‘Sunteck BKC51’ to Upgrad Education Private Limited for a lease term of 29 years.