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Sunteck bets on ultra-luxury, but existing projects crucial
Mint Bangalore
|October 03, 2025
Sunteck Realty Ltd plans to unveil ultra-luxury housing projects in Mumbai and Dubai under the Emaance brand over the next 12 months.
These residences will be priced upwards of ₹2.5 lakh per square foot.
The first project, at Nepean Sea Road in south Mumbai, is slated for FY26 launch. Sunteck pegs the gross development value (GDV) or revenue potential of these projects at ₹20,000 crore. Timely launches and a favourable response could lift its medium-term pre-sales outlook.
Sunteck’s pre-sales is expected to clock a compound annual growth of over 20% over FY25-27, aided by ongoing projects and a pipeline of new launches including the Dubai project, said PL Capital.
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