Sunteck Realty To Build An Expansive Portfolio In Commercial & Retail Properties Over Next 4 Years
Sunteck Realty Limited, India’s Premium Real Estate Developer is gearing to create a large portfolio with an investment of Rs.5000 crores in commercial and retail properties over the next 4 years. This well planned strategic growth in the Commercial and Retail Real Estate Market will set a benchmark trend.
Having successfully established its presence across all the segments from ultra Uber luxury to aspirational luxury residential segment at Bandra Kurla Complex(BKC), Oshiwara District Centre(ODC) and Naigaon, Sunteck is now focussing on building a premium commercial and retail portfolio of 3 mn sq ft (approx.) in ODC,1.5 to 2 mn sq ft (approx.) in and around BKC, and 1 mn sq ft(approx.) in Naigaon. Thus a total of over 6 mn sq ft(approx.). Furthermore, Sunteck is exploring opportunities in the western suburbs of Mumbai to grow this retail & commercial portfolio.
The value that Sunteck would create through its commercial and retail portfolio is close to 2 billion USD. This will further strengthen cash flows and accelerate the growth of the Company.