Will Sunteck Realty rise on prime project?

Updated on: Sep 17, 2019


Sunteck Realty has acquired a prime project near Mumbai’s Lokhandwala, Off New Link Road, Andheri (West), with the potential to develop approximately 1.1 mn sq ft in saleable area and revenue of over ₹2,500 crore in the next four to five years.

The project is acquired under the asset-light joint-development agreement model focused on establishing a strategic tie-up with credible partners, which will further strengthen the cash flow and balance sheet.

Published on September 18, 2019
This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you