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Sunteck Launches Emaance Ultra-Luxury Brand With Mumbai, Dubai Flagships

The invite-only label targets ultra-wealthy buyers following a jump in Mumbai luxury-home sales this year.

Overview

  • Sunteck announced two high-rise developments under Emaance at Nepeansea Road in South Mumbai and Downtown Dubai near the Burj Khalifa, marking its first project outside India.
  • Apartments are priced upwards of Rs 2.5 lakh per sq ft with units starting at Rs 100 crore and reaching about Rs 500 crore, according to the company.
  • The Nepeansea Road plan envisions roughly 40–50 full-floor homes of about 8,000–10,000 sq ft with launch prices indicated above Rs 150 crore.
  • The developer is targeting launches by June next year, with a combined gross development value projected at around Rs 20,000 crore.
  • Market data show H1 2025 sales of homes above Rs 10 crore in Mumbai reached Rs 14,750 crore, an 11% year-on-year rise, according to India Sotheby’s International Realty and CRE Matrix.