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Premium Property Developers In Mumbai

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.

Sunteck in Numbers
  • 25 Milion Sq FT
Pie Chart - Sunteck Realty Limited Awards - Sunteck Realty Limited Presence in Mumbai - Sunteck Realty Limited

Premium Property Developer Mumbai

Kamal Khetan - Chairman & Managing Director at Sunteck Realty Limited

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).

Board of Directors - Sunteck Realty Limited
Mr. Mahesh Sheregar
CEO

Mr. Mahesh K Sheregar is a MBA degree holder with a rich experience of over 32 years in various industries such as Construction, Real Estate, Manufacturing, Trading, Education, Foods, Hospitality, Investments etc. He worked with Punj Lloyd Company in India and few years later was appointed at a senior management position to execute pipeline project at Abu Dhabi. He later joined ANC Holdings LLC and worked till August 2015. During the past 20 years, he held various positions including Group Director of the group looking after overall management and in restructuring and diversifying the group.

Mr. Atul Poopal
Executive Director

Mr. Atul Madhav Poopal is the Executive Director of the Company and has around 30 years of rich experience in the field of Civil Engineering, Regulatory affairs and experience in devising system/ procedure of obtaining approvals from all the Authorities with wide exposure to different types of development in Mumbai. His specialities include assessment of project vis-à-vis prevailing regulations with profound knowledge of regulations/acts governing development, client relations & management, co-ordination with various other consultants/associates, planning/streamlining approval process, inputs during conceptualization etc.

Mr. Kishore Vussonji
Independent Director

As a Solicitor enrolled with the Bombay Incorporated Law Society on 18th November, 1975 and then as an Advocate with the Bar Council of Maharashtra on 22nd August, 1977, he has nearly 4 decades of a rich experience as Advocate and Solicitor on the Civil Side dealing with all matters pertaining to real-estate in Mumbai.

Mr. Mahadevan Kalahasthi
Independent Director

As a Qualified Chartered Accountant & Bachelors of Commerce, he has over 25 years of experience as a practicing chartered accountant specialized in corporate audits, corporate taxation, company law matters, corporate governance, compliances, due diligence, investigative audits, consultancy on mergers & acquisitions and tax planning for corporates.

Mr. Ramakant Nayak
Independent Director

With over 4 decades of experience in the field of Commercial Banking, he is a certified associate of Indian Institute of Banking and holds a degree of Science and Law. He has held several management leadership positions with banks including Bank of Maharashtra, Saraswat Co-Operative Bank Limited, Lord Krishna Bank Limited (now HDFC), Marathwada Gramin Bank and the Lakshmi Vilas Bank.

Mrs. Rachana Hingarajia
Non-Executive/Non-Independent Women Director

Mrs. Rachana Hingarajia is the Non-Executive/Non-Independent Women Director of the Company. She is a Company Secretary by profession and also holds a Law degree. She has a rich experience of over 10 years in Compliance function and is associated with the Company for more than 8 years.

Brand Associations - Sunteck Realty Limited
Strategic Partners - Sunteck Realty Limited
Piramal Realty

Joint Venture with Piramal Realty Pvt. Ltd. promoted by the Ajay Piramal Group. The JV, called Piramal Sunteck Realty Pvt Ltd. is focusing on premium projects in the most sought after locations in metros and select Tier II cities in India.

Kotak

Private Equity funding by Kotak Alternate Opportunities (India) Fund. The investment is through a combination of equity and debentures either at the entity level or SPV level.

Brand Partners - Sunteck Realty Limited
vertu

Exclusive tie-up with Vertu, market leader in luxury mobile phones for providing ‘Signature Concierge Services’ to the residents of the company’s flagship residential development ‘Signature Island’ located in the heart of Bandra Kurla Complex in Mumbai.

Charcol Project

Sunteck Realty elevates the quotient of luxury living in Nagpur by being the foremost to tie up with celebrity designer Sussanne Roshan led The Charcoal Project as 'Interior Design Partner' for its landmark development ‘Signia Skys’.