Daijiworld Media Network - Mumbai

Mumbai, Sep 29: Realty major Sunteck Realty Ltd. announced its entry into the ultra-luxury residential segment with plans to launch two exclusive projects in Mumbai and Dubai by June next year, under a new by-invite-only brand, Emaance. The combined gross development value of the projects is estimated at Rs 20,000 crore.

Speaking to PTI, Sunteck Realty CMD Kamal Khetan said, “We are entering the ultra-luxury segment with Emaance, derived from the fusion of the words Immense and Indulgence, where each apartment will cost no less than Rs 100 crore, with prices potentially reaching up to Rs 500 crore.”

The first offerings include high-rise developments at Nepeansea Road in Mumbai and Dubai Downtown near the Burj Khalifa, marking Sunteck Realty’s maiden pr

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