Sunteck Realty announces ₹1,200 crore GDV JDA project at Mira Road near Mumbai
"This JDA reinforces our commitment to expanding in high-potential growth corridors of MMR. Mira Road, with its robust infrastructure pipeline and superior connectivity, offers an ideal canvas for creating a landmark luxury residential development. As seen with Sunteck SkyPark, we believe in transforming locations into lifestyle destinations. With this new development, we aim to deliver living experiences that elevate the value of the entire neighbourhood," said Kamal Khetan, chairman and managing director of Sunteck Realty Ltd.
Also Read: Mumbai, Thane, Navi Mumbai, and Pune see a decline in housing sales and supply in Q2 2025
The company said the project has direct highway frontage and is adjacent to the upcoming Metro Line 9 (Miragaon Station) and has access to Dahisar and Mira Road railway stations.
Upcoming infrastructure initiatives like the Borivali-Thane Tunnel and the Coastal Road Extension will further elevate connectivity, making the location even more desirable for discerning homebuyers and investors, the company said in a statement.
Also Read: Housing sales volume of Tier 1 real estate developers dips by 6% in FY25: Ind-Ra
The company said that Mira Road has emerged as a high-absorption residential market in the Mumbai Metropolitan Region (MMR), backed by proximity to reputed educational institutions, healthcare centres, retail hubs, and green belts. With a growing demand for premium, well-connected living.
Also Read: Are Mumbai real estate prices moderating, giving homebuyers more room to negotiate?
Local brokers said the per-square-feet price for residential apartments in Mira Road, with exceptions, is ₹10,000 to ₹15,000.
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