Mumbai : Sunteck Realty Limited, India’s leading luxury real estate developer acquires a posh land parcel of about 7.25acres at Beverly Park, Mira Road under the JDA model. The project is estimated to have development potential of approx 2.5mn sq.ft built up area and a revenue potential of around Rs 3,000 crore. The project is located in the prime location – Beverly Park at Mira Road. Sunteck plans to develop luxurious residences that will offer unparalleled lifestyle living with premium retail. The well connected infrastructure adds to the holistic living. Sunteck Realty Ltd has been one of the largest acquirer of projects post pandemic and has done multiple acquisitions to the tune of 25.5 mn sq.ft i.e. Borivali West, Vasai West, Shahad-Kalyan, Vasind, Pen-Khopoli and now with this acquisition at Beverly Park, Mira Road. Taking the total development portfolio to 52.5 mn sq.ft across 20 projects. This has further strengthened Sunteck’s presence in the MMR market as well as its credentials as one of the fastest growing real estate companies in MMR. With continuous acquisitions Sunteck has gained a strong foothold in the western suburbs of Mumbai and has become one of the leading players in this region of MMR. We have created luxury across all the segments catering to evolving consumer aspirations for living a better lifestyle. “We have continued with our strategy to acquire projects at prime pockets of MMR and create value for our stakeholders. This acquisition is very salient for us as this project is in one of the best locations with beautiful scenic views. We envisage to create the most luxurious lifestyle residential apartments with unmatched amenities never experienced before in that micro market. We will continue to maintain and build luxury in its true sense with every project we do” said Mr. Kamal Khetan, Chairman, Sunteck Realty Limited.
