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| Additional information |
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| Sunteck Realty Limited (SRL) |
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Overview:
Sunteck Realty Limited (SRL) is a Mumbai-based real estate development company, catering to the ultra-luxury and luxury residential segment. SRL boasts of a city centric development portfolio of about 23 million square feet spread across 25 projects at various stages of development and 4 rented assets. Of the said portfolio, the company within a span of 4 years has completed 6 projects with a developed area of about 2 million square feet comprising of residential and commercial developments. SRL is renowned for its strong project execution skills through an in-house project management team and strategic tie-ups / associations with domestic / International contractors, architects, engineers and brand partners. SRL works with renowned brands like Walt Disney, L&T and Talathy & Panthaky Associated to name a few to provide a unique residential experience to its customers.
Flagship project of the group, spread across 1.5 million sq ft. at the CBD of Mumbai, Bandra Kurla Complex comprises of three residential projects: Signature Island, Signia Isles and Signia Pearl which are home to some of the head honchos of top global conglomerates. Other key projects include 23 acres of mixed-use development in Goregaon (W) in the form of Sunteck City, Sion, Mulund amongst other locations in Mumbai, Navi Mumbai, 81 acres in Jaipur, Nagpur and Goa in India. Listed on BSE and NSE, SRL has respected names like Ajay Piramal Group, Kotak Realty Fund and noted pension funds, FIIs and Private Equity Funds as its shareholders and strategic partners The company is known for its prudent cash flow management and low leveraged balance sheet. |
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History:
Sunteck Realty Limited was founded in the year 2000 by Mr. Kamal Khetan, a first generation entrepreneur with over a decade of experience in the real estate industry, Mr.Khetan brings on board his unique vision, management practices and global approach to the function, expansion, diversification and management of the organization. As an integral part of the key management, he manages a portfolio spanning across residential, commercial and iconic landmarks in Mumbai city. With passion for business, Mr.Khetan is involved in the formulation of corporate strategy and acquisition, while providing guidance on execution and diversification plans of the Company.
Under his Leadership, Sunteck Realty today manages a development portfolio catering to the ultra Luxurious and Premium segment of over 23 mn.sq.ft spread across over 25 projects, 4 rented assets and pioneered in brand tie-ups with international brands like Disney and Vertu. With a natural flair in realty, combined with an astute sense of Finance and Management, his foresight has enabled the ‘Sunteck Brand’ to create a differential for itself in the industry.
His vision is depicted in being the foremost to anticipate an opportunity in the premium residential space of 4 acres in India’s most promising commercial hub - Bandra Kurla Complex, Mumbai. These High end properties of BKC today hosts the top business honchos making it one of the most presitigious and Iconic project in the country. Mr.Khetan has also identified places like Goregaon & Airoli and invested to develop spaces to cater the needs of the customers. In Goregaon, Sunteck has acquired 23 acres of land while in Airoli which is considered as the new financial hub of Navi Mumbai, Sunteck has already successfully delivered a residential project and launched another recently. Mr. Khetan has always invested in locations that are projected to be the new corporate hubs ensuring Sunteck Investors excellent returns.
Mr. Khetan holds the position of Honorary Consul of the Hashmite Kingdom of Jordan for Mumbai. He is on the Council of Governors board of Asia Pacific Real Estate Association (APREA), Advisory commitee of NARDECO and FRICS (Fellow of Royal Institute of Chartered Surveyors). |
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