Sunteck Realty to jointly develop 3.5 acres land in Mumbai
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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