Sunteck Realty acquires 50 acres in Mumbai's Thane for affordable housing1 min read 20 Oct 2020, 08:33 AM IST
The project will have a revenue potential of ₹1,250 crores
The project will offer approximately 2.6 million square feet
Sunteck Realty Ltd has entered into an agreement to acquire approx 50-acre land parcel in Thane's Vasind, Sunteck said in a regulatory filing. 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 crores (Rs. 12.5 Billion) spanning over next 4-5 years," Sunteck said.
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