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Sunteck lays ground for growth, but shares await a rebound
Mint Kolkata
|June 24, 2025
Sunteck Realty Ltd was recently appointed to redevelop a housing society in Mumbai's Andheri (East). The project's gross development value (GDV) or revenue potential is estimated at ₹1,100 crore, as per media reports.
Sunteck Realty Ltd was recently appointed to redevelop a housing society in Mumbai's Andheri (East). The project's gross development value (GDV) or revenue potential is estimated at ₹1,100 crore, as per media reports. The 2.5-acre land parcel will have about 275,000 sq ft available for free sale.
Mumbai-focused Sunteck has entered redevelopment to unlock high-margin opportunities, the company told Nirmal Bang Institutional Equities at the brokerage's investors conference last week. Sunteck's focus is on projects with an internal rate of return of 30-40% and has several redevelopment projects in advanced planning stages.
Bu hikaye Mint Kolkata dergisinin June 24, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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