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Sunteck Realty acquires 50 acre in Vasai

Wednesday, 22 Jul 2020
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Sunteck Realty, a luxury real estate developer, has acquired a prime project of approximately 50 acre in Vasai (West), Maharashtra, having a development potential of around 4.5 million sq ft in the Mumbai Metropolitan Region (MMR). 
The project will have a revenue potential of Rs 5,000 crore over the next five to seven years, further strengthening cash flow and balance sheet of the company. The project will largely cater to the mid-income segment. 
The project will be a key addition to Sunteck Realty’s projects like Signature Island at Bandra Kurla Complex (BKC), SunteckCity at Oshiwara District Centre (ODC), Goregaon (West) and SunteckWorld at Naigaon.


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