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Coming Up: Rs 500-Cr Apartments in Mumbai & Dubai, , 5 Points
Mumbai / Dubai
Rs 2.5 Lakh/sq.ft Homes | Rs 20000-Cr Luxury Housing Portfolio | Sunteck Realty’s Ultra-Luxury Housing in Mumbai & Dubai
1. Entry into Rs 500-Crore Apartment Market
- Sunteck Realty launches ‘Emaance’, a new by-invite-only luxury brand.
- Apartments priced from Rs 100 crore to Rs 500 crore.
- Target audience: Ultra High Net Worth Individuals (UHNI).
2. Project Details
- Mumbai Project: Nepeansea Road.
- Dubai Project: Downtown, Burj Khalifa Community (first international project).
- Launch Timeline: By June 2026.
- Gross Development Value (GDV): ~Rs 20,000 crore.
3. Price Benchmark
- Residences priced at Rs 2.5 lakh per sq. ft (among highest in India).
- Comparable to DLF Camellias (units priced up to Rs 100 crore).
- Sunteck’s offering goes 5X higher with Rs 500 crore pricing.
4. Sunteck Realty – Financial Snapshot
- Development Portfolio: ~52.5 million sq. ft across 32 projects.
- Q1 FY2025-26 Results:
- Net Profit: Rs 33.43 crore (↑ 47% YoY).
- Previous Year: Rs 22.78 crore.
- Total Income: Rs 201.53 crore (↓ 39% YoY).
- Previous Year: Rs 328.01 crore.
Table: Sunteck Realty Q1 Financials (FY2025-26)
| Metric | Q1 FY25-26 | Q1 FY24-25 | % Change |
|---|---|---|---|
| Net Profit (₹ Cr) | 33.43 | 22.78 | +47% |
| Total Income (₹ Cr) | 201.53 | 328.01 | -39% |
5. Market Impact & Strategic Positioning
- Sunteck aims to capture UHNI luxury housing demand.
- Expands beyond India with Dubai entry.
- Positions itself among top ultra-luxury developers in South Asia.
Disclaimer
This article is for informational and educational purposes only. It should not be construed as investment, financial, or real estate advice. Readers are advised to conduct their own research or consult a financial advisor before making any investment decisions. The Profit India does not take responsibility for financial outcomes arising from reliance on this content.
