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.