Property5 Oct 2026, 07:10 pm
Sunteck Realty Subsidiary Acquires 4.5 Acres Land in Borivali West
AI Summary
Sunteck Realty Ltd announced that its wholly owned subsidiary has acquired approximately 4.5 acres of land located adjacent to New Link Road in Borivali West, Mumbai. This strategic acquisition is expected to bolster the company's land bank in a prime Mumbai location, potentially leading to future development projects. The transaction has been confirmed not to be a related party transaction.
Key Highlights
- Subsidiary acquired 4.5 acres of land in Borivali West, Mumbai.
- The land is strategically located adjacent to New Link Road.
- This acquisition expands the company's land bank in a key urban area.
- The transaction is not a related party deal.
Price Impact
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