Deal News
Sunteck Realty Acquires 1.75-Acre Greenfield in Andheri East; ₹2,500-Crore Ultra-Luxury Project Set for Late-2026 Launch
Sunteck Realty closed a land acquisition in Andheri East on 20 January 2026, buying a 1.75-acre greenfield parcel located off Andheri-Kurla Road and Sahar Road with an expected gross development value of approximately ₹2,500 crore. The premium residential project is expected to launch late 2026.
| Developer | Sunteck Realty Limited |
|---|---|
| Location | Sahar, Andheri East, Mumbai (off Andheri-Kurla Road and within 250 m of Sahar Road) |
| Land Area | 1.75 acres (approximately 7,050 sq m) |
| Gross Development Value | ₹2,500 crore |
| Product Type | Ultra-luxury residential (configuration under review) |
| Expected Price Band | ₹1.2–1.5 crore (2 BHK); ₹1.8–2.4 crore (3 BHK); ₹2.5–3.5 crore (larger units) |
| RERA Status | Expected filing late 2026 or early 2027 (as of September 2026) |
| Launch Window | Late 2026 or Q1 2027 (post-RERA registration) |
| Distance to Chhatrapati Shivaji Airport | Approximately 3 km |
| Connectivity | Andheri-Kurla Road; Blue Line Metro (Airport Road, Chakala stations); Sahar Road metro station (Line 3, opened October 2024); Western Express Highway |
Land Acquisition & Deal Context
Sunteck Realty Limited has acquired a strategically located land parcel of around two acres in Andheri East, off Andheri–Kurla Road, with an estimated gross development value (GDV) of approximately Rs 25 billion. Sunteck, working with legal counsel from Khaitan & Co, spent 18 months resolving complexities before securing clear ownership through its wholly-owned subsidiary Apricum Buildwell Private Limited, acquiring the asset from Shreejikrupa Hotels and Properties Private Limited. The acquisition marks Sunteck's third major land addition in FY26, reinforcing its strategy to expand across Mumbai's western suburbs and high-demand eastern corridors.
Location & Connectivity
The greenfield site is situated in a well-established mixed-use district, less than 400 metres from Andheri–Kurla Road and within 250 metres of Sahar Road, with strong connectivity to the Western Express Highway, metro networks and Mumbai International Airport. The Chhatrapati Shivaji Maharaj International Airport is just 3 km away—a genuine advantage for frequent business travellers and expat families. Sahar Road metro station, operational since 5 October 2024 on Line 3, is located at AAI Colony, J B Nagar, Andheri East. Blue Line metro connectivity and Western Railway stations are nearby, reducing commute friction across the city.
Locality Context: Mixed-Use Airport Zone
The surrounding micro-market is supported by mature social and commercial infrastructure, including premium hotels, office developments and residential neighbourhoods. Andheri East has shifted from an industrial zone into a mixed-use commercial and residential hub. Andheri (East) is one of the sought-after commercial and residential areas in Mumbai. The area remains a competitive premium micro-market near the airport, with strong demand from business professionals and expat families seeking quick airport access and modern amenities.
Project Status & Launch Timeline
As of September 2026, the project remains in pre-launch phase. RERA filing is expected by late 2026 or early 2027. Bookings will open only after RERA registration. Based on Sunteck's historical cadence, expect a 12–18 month pre-launch and planning phase before RERA filing. Given the site's prior litigation, the company will likely conduct thorough due diligence, secure municipal approvals, and finalize architectural plans. A launch window in late 2026 or early 2027 is realistic. Sunteck typically accepts bookings within 2–4 weeks of RERA filing.
Product Type & Configuration
The developer is contemplating between residential and commercial development at this location, which is very good near the international airport and on Andheri Kurla Road. They are exploring it and expect to firm up a decision in the next 1 or 2 quarters. Based on available market guidance, a residential outcome remains most likely. Expected pricing will likely start around ₹1.2–1.5 crore for 2 BHK units and climb to ₹2.5–3.5 crore for 3–4 BHK, depending on final design and amenities. Final configurations and typologies will be disclosed following RERA filing.
Developer Background
Founded in 1982, Sunteck Realty is an Indian company owned by the Sunteck Group which specialises in residential and commercial construction. Sunteck Realty is one of the leading developers in India and has 27 residential and commercial projects in its portfolio, out of which 25 projects are in Mumbai. Sunteck Realty has residential projects in Mumbai across prime locations such as Goregaon, BKC, Mira Road, Andheri, and Naigaon.
Important Notes for Buyers
This project has not yet been notified to MahaRERA. Pre-launch marketing may begin several months before RERA filing, but no commitments should be made until RERA registration is live. Final configurations, amenities, pricing schedules, and possession timelines will be disclosed post-RERA filing. Investors should verify all details from official Sunteck announcements and the MahaRERA portal before making booking decisions.
Frequently asked questions
When will this project launch and when can I book?
RERA filing is expected by late 2026 or early 2027. Bookings will open only after RERA registration. Based on Sunteck's historical cadence, expect a 12–18 month pre-launch and planning phase before RERA filing.
What is the expected price range?
Pricing will likely start around ₹1.2–1.5 crore for 2 BHK units and climb to ₹2.5–3.5 crore for 3–4 BHK, depending on final design and amenities.
Will this be residential or commercial?
Sunteck is contemplating between residential and commercial given the location near the international airport and on Andheri Kurla Road and is exploring options, with a decision expected in 1 or 2 quarters.
How far is the project from the airport?
The Chhatrapati Shivaji Maharaj International Airport is just 3 km away.
What metro connectivity is available?
Sahar Road metro station on Line 3 opened on 5 October 2024. Blue Line metro connectivity and Western Railway stations are nearby.
Has this project been registered with MahaRERA?
No. As of September 2026, the project has not yet been filed for RERA registration. RERA filing is expected by late 2026 or early 2027, and bookings will open only after RERA registration.
Who is the developer?
Sunteck Realty, founded in 1982 and owned by the Sunteck Group, specialises in residential and commercial construction.