Sunteck Realty Ltd (SRL) on Thursday announced it had entered into a joint venture with a local landlord to develop a half-acre plot outside BKC at Kurla. The value of the commercial development has been pegged at Rs 500 crore. “It has a development potential of 2 lakh sq ft,“ an SRL spokesperson said. The city-based company is mainly into the ultra-luxury and luxury residential segment.
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