Sunteck Realty Limited's presence in Sahar centres on a 2-acre greenfield land parcel it acquired off Andheri-Kurla Road, close to Mumbai's international airport. 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 of approximately Rs 25 billion. The greenfield site sits 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 site was not an easy acquisition. The transaction involved resolving land-level complexities and litigation spanning over a decade and multiple stakeholders. The land was unlocked after over a decade of litigation, with Sunteck resolving multi-stakeholder issues through 18 months of sustained engagement. Commenting on the deal, Kamal Khetan, chairperson and managing director of Sunteck Realty, said the company is highly selective about where and how it deploys capital, and that the acquisition reflects its ability to execute complex transactions involving multiple stakeholders. He added that in a high-demand location like Andheri East, where quality, branded supply remains limited, the site presents a strong opportunity to deliver a differentiated, value-accretive development.
This is not an isolated move. The transaction represents Sunteck Realty's third addition to its development portfolio in FY26, following a new acquisition in Mira Road worth Rs 1,200 crore of GDV and the securing of development rights for a housing society in Andheri East worth Rs 1,100 crore of GDV. The Andheri East society redevelopment, on a plot near the Western Express Highway, illustrates the scale Sunteck is willing to commit to the corridor: the land for that project measures approximately 2.5 acres and is expected to generate a free sale area of approximately 2.75 lakh square feet for the company, funded entirely through Sunteck's internal accruals.
Sunteck Realty's institutional identity was built in Bandra Kurla Complex, where its promoter first set up business centres before founding the company. Sunteck Realty Limited is one of India's leading luxury real-estate developers, founded in the year 2000 by Mr. Kamal Khetan, and it currently has a portfolio of about 50 million square feet spread across 32 projects. The company has been a trendsetter in creating iconic destinations such as its flagship project, Signature Island at Bandra Kurla Complex, Sunteck City in Oshiwara District Centre, Goregaon, and SunteckWorld at Naigaon, the largest township in MMR's western suburbs. Signature Island itself became a benchmark project: the project features all-duplex homes of 7,500 and 11,500 square feet and was completed in 2015, later winning recognition as Project of the year at the 27th National Real Estate Awards in 2013.
The Andheri East acquisition sits within a much larger current expansion. Sunteck now has 50 million square feet of portfolio spread across 32 developments in the Mumbai metropolitan region, with a GDV of $5 billion. In the first half of FY26, the firm recorded pre-sales of Rs 1,359 crore across its MMR portfolio. That momentum followed an already record quarter: Sunteck recorded its highest-ever pre-sales of ₹870 crore in Q4 FY25, up 28.32 per cent year-on-year, and reported its highest-ever quarterly pre-sales of ₹657 crore in Q1 FY26, up 31% year-on-year, driven by luxury segment demand. The company has also kept its balance sheet conservative through this expansion: as of FY25, Sunteck's net debt-to-equity ratio stood at -0.04x, with a net cash surplus of ₹125 crore.
Sahar and the Andheri-Kurla Road stretch are not new territory for the developer. Sunteck Crest, a completed commercial office development on Andheri-Kurla Road, is already operational in the same corridor. Sunteck Crest is a commercial office space in Andheri East, Mumbai, with unit sizes ranging from 276 sq ft to 1,244 sq ft within a project spanning 0.28 acres, and spaces available from ₹90.80 lakh. The project has a possession status of Ready to Move and is registered under RERA with registration number P51800022233. Its location underscores why Sunteck keeps returning to this stretch: the project offers connectivity to BKC, Versova and Bandra, is close to the international airport and five-star hotels, and is a 12-minute drive to Andheri Station and a 9-minute drive to SEEPZ and MIDC.
Sahar sits immediately around Chhatrapati Shivaji Maharaj International Airport's Sahar terminal, and its growth has tracked the airport's expansion. Sahar Village has seen rapid urban development since the airport's inception and the setting up of the first Leela Group hotel here. The area is also home to the Sahar Cargo Complex, one of Mumbai's major cargo hubs, drawing logistics, cargo and supply-chain company offices. Metro access has improved sharply in recent years: the Sahar Road Metro Station sits between the two airport terminals on an underground line that bisects the city from north to south, offering a direct alternative to the Western Express Highway. Since the announcement of Metro Line 3, property prices in the Sahar Road vicinity have appreciated by 20-30%, with rental yields rising further once the line became operational.
Road connectivity across the broader Andheri East micro-market reinforces the case for a branded, well-capitalised developer here. The locality is served by the Jogeshwari-Vikhroli Link Road connecting Andheri to eastern Mumbai, the Andheri-Kurla Road connecting eastern and western Mumbai, and the Western Express Highway. The presence of SEEPZ and MIDC makes the area a hub of industrial and IT/ITeS activity, while Bandra Kurla Complex is only about 9 km away. Social infrastructure is dense and established, from hospitals such as Nanavati and Sanjeevani and schools such as Bombay Cambridge International School and Divine Light High School to the malls and business parks that line the corridor.
Pricing data reflects an active, appreciating market rather than a speculative one. In 2025, the Andheri East micro-market recorded 1,058 new sale transactions with a gross sales value of Rs 1,714 crore, and by the fourth quarter of 2025 the average property rate stood at Rs 32,736 per square foot, up from Rs 30,478 per square foot a year earlier. This is the demand base Sunteck is underwriting when it commits capital to a 2-acre, litigation-cleared parcel just off Sahar Road rather than a smaller infill site elsewhere in the suburb.
For a buyer evaluating Sunteck Realty in Sahar, the relevant facts are less about a single tower and more about pattern: a developer whose flagship address remains BKC's Signature Island, whose balance sheet supports acquisitions funded largely through internal accruals, and whose current business-development activity in FY26 is concentrated specifically in Andheri East and Mira Road alongside its established Oshiwara and Naigaon townships. The Sahar site's proximity to the airport, its position between Andheri-Kurla Road and Sahar Road, and its access to the newer Metro Aqua Line 3 station place it squarely inside the corridor Sunteck has already tested with Sunteck Crest and the nearby Andheri East redevelopment project.
