Sunteck Realty

Sunteck Realty Limited (SRL) is a Mumbai-focused premium real estate developer, with marquee projects catering to the ultra-luxury and luxury residential segment. The company has a track-record of identifying high-growth locations ahead of the curve, and has delivered landmark projects which have raised the profile of an entire locale. The overall portfolio boasts of 25 projects with an area potential of 23mn sqft, of which 8 projects totaling Rs5,700cr in size have already been delivered. The projects are spread across four distinct brands: 1) 'Signature': Uber luxury residences aimed at ultra HNIs, 2) 'Signia': Super Premium residences in select suburban micro markets, 3) 'Sunteck City': Large formats and mixed use developments, & 4) 'Sunteck': Commercial developments. The strong differentiated branding helps SRL command a leadership positioning in every micro-market.

SRL has delivered several successful projects till date but the jewels in the crown are the ultra luxury residential projects in Bandra-Kurla Complex (BKC) - Signature Island, Signia Isles and Signia Pearl. BKC is the Central Business District (CBD) of Mumbai and a city's CBD is usually typified by a concentration of retail, commercial and high end residential developments, with very small and elite residential populations. Spread across 1.5 million sq ft., SRL's landmark projects offer exclusive bespoke residences to some of the most well known names of the country including top industrialists, business executives and head honchos of top global conglomerates.

Another major growth driver for SRL is the location of Goregaon (W) where the company is developing 23 acres of mixed-use development under the brand Sunteck City. The project, targeted at the aspirational luxury segment, provides a perfect blend of excellent connectivity, infrastructure, amenities and investment opportunity. In addition to residential, the project also provides an opportunity for the company to build out its commercial and retail portfolio. Other key projects of SRL are all present in city-centric locations like Sion, Andheri, Borivali, Airoli (Navi Mumbai), Nagpur and Goa in India.

The journey of Sunteck has been underlined by an unwavering commitment to corporate governance and maintaining financial discipline. The company is well-known for its prudent cash flow management and low leveraged balance sheet. This focus has helped SRL enjoy the benefits of strong partnerships with leading institutions over the years. Some of the past and present strategic partners and shareholders include the likes of Kotak Realty fund, the Ajay Piramal Group, KKR, L&T mutual fund, Pabrai Investment fund amongst others.

To know more about SRL, log on to www.sunteckindia.com