How does a developer create the city's next business district? For starters, Mumbai, toughest market in Indian real estate, has traffic clogging its road arteries. There is cut-throat competition for land. Most of all, it requires a contrarian strain to decide on investing tens of billions in a futuristic play for something that might take years to pull off.
Kamal Khetan, Chairman and Managing Director of Sunteck Realty, which built super luxury homes in the commercial business district (CBD) of Bandra Kurla Complex, says, “Connectivity to the island, supporting infrastructure and location are the three must-haves, before anything else.” He