Sunteck Realty inks pact to acquire land parcel in Vasind
20th Oct 2020

Sunteck Realty has entered into an agreement to acquire around 50-acre land parcel in Vasind, Thane district in Maharashtra. The project will offer approximately 2.6 million square feet. Envisaged as a one of the large residential development under ‘Sunteck World’ brand in Thane District, the project will have a revenue potential of Rs 1,250 crore (Rs 12.5 Billion) spanning over next 4-5 years. The company’s Vasind acquisition reflects its differentiated development philosophy of focusing on strategic locations along the growth vector.

Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.