Sunteck Realty to jointly develop 3.5 acres land in Mumbai, ETRealty

NEW DELHI: Sunteck Realty (SRL) has entered into a joint development agreement (JDA) for a project on the land admeasuring approximately 3.5 acres (13,500 sq meters), situated at Mira Road, Mumbai.

The company expects to generate a sale component of approximately 5.5 lakh sq ft carpet area from the development of this land parcel.

The projected gross development value (GDV) of the project is estimated at ₹1,200 crore.

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