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Sunteck Realty acquires a land parcel at BKC, Mumbai

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Capital Market
Last Updated : Aug 13 2015 | 8:28 PM IST

To develop a premium commercial project

Sunteck Realty announced its acquisition of a land parcel through a joint development model, to develop a premium commercial project at the junction of Bandra Kurla Complex (BKC). The commercial project with a development potential of approximately 2 lakh sqft is expected to generate revenue to the tune of about Rs. 500 crore.

This commercial project consolidates Sunteck Realty's position in BKC where it already has three ultra-Premium residential properties and two rented assets. The company is also gearing up to launch another commercial project - Sunteck Centre II, at the BKC-Kalina Junction.

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First Published: Aug 13 2015 | 8:08 PM IST

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