Sunteck Realty Limited
Sunteck Realty Limited is a Mumbai-based real estate developer focused on developing premium residential and commercial properties across Mumbai Metropolitan Region (MMR).
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- Investor Meet39
- Updates28
- Important9
- Board Meeting8
- PPTs7
Sunteck Realty internally restructured its wholly-owned subsidiaries. Magenta Buildcon transferred to Etashi, becoming a step-down subsidiary. Sunteck Infracon then transferred to Magenta, also a step-down subsidiary. These internal group transfers were each valued at Rs. 0.01 Cr.
Sunteck Realty has formed a new wholly-owned subsidiary, Magenta Buildcon Private Limited (MBPL), to bolster its real estate and construction operations. This development signals a potential expansion or streamlining of the company's core business activities. The initial investment for MBPL is ₹0.01 Cr, securing 100% ownership. This move aligns with...
Sunteck Realty has issued a mandatory notice regarding the transfer of unclaimed shares and dividends to the Investor Education and Protection Fund (IEPF). Dividends from FY 2017-18, if unclaimed for seven consecutive years, along with their associated shares, will be transferred to the IEPF after November 1, 2025. This is...
Sunteck Realty is expanding its footprint by entering a Joint Development Agreement (JDA) for a 3.5-acre land parcel located on Mira Road, Western Express Highway, Mumbai. This strategic business development is set to add significant value, with an expected sale component of approximately 5,50,000 square feet of RERA carpet area....
Sunteck Realty’s wholly owned subsidiary has acquired a 2.5-acre residential project in Andheri (East), Mumbai, near the Western Express Highway. The development will offer approximately 2.75 lakh sq ft of saleable area, boosting potential revenue from a prime location. This addition strengthens Sunteck’s footprint in Mumbai’s competitive residential market, supporting...