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This is an archive article published on October 2, 2010

Sunteck Realty to focus on premium luxury projects

Sunteck Realty has announced strategic growth plans to explore the huge potential in the premium luxury space in Mumbai.

Sunteck Realty has announced strategic growth plans to explore the huge potential in the premium luxury space in Mumbai.

Riding on the high demand for premium residential space,Sunteck Realty is developing a range of landmark residential projects with apartments ranging from Rs. 1 crore to Rs. 40 crores which offers exemplary designs and superior quality by adapting to highest standards of international living.

Total saleable area of more than 30 million square feet in Mumbai’s city centric locations and not in peripheral areas of Mumbai,with 27 projects in development pipeline,out of which we have already successfully launched 9 projects – six premium residential and three commercial projects,with balance projects proposed for launches within the current fiscal.

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Commenting on future plans of the Company,Kamal Khetan,Chairman and Managing Director,Sunteck Realty said,“Today,the country is witnessing a significant demand rise for high end luxury residential spaces owning to the growing income levels across various corporate sectors and High Networth Individuals.”

The Company has already launched its high-end residential landmark projects -Signature Island at BKC with Duplex Apartments with area of approximately 7,000 square feet to 11,000 square feet. Owing to a huge potential at BKC,the company plans to launch another two luxury residential project Signia Isles & Signia Pearl in the near future. Sunteck has also tapped key areas of Mumbai such as Andheri,Boriviali,Vile Parle,Goregaon,Airoli,Mulund and Thane for further development.

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