SUNTECK BIMA NAGAR ANDHERI EAST REDEVELOPMENT — New Project Coming Up in Bima Nagar, Andheri East, Mumbai
Sunteck Appointed for Bima Nagar Redevelopment
Sunteck Realty has been appointed as the developer for the redevelopment of a housing society in Mumbai's Andheri (East). The project involves a 2.5-acre housing society in Bima Nagar, Andheri East—a neighbourhood built by LIC employees back in 1968. With a Gross Development Value (GDV) of ₹1,100 crore, this project is more than a facelift; it's a full-scale transformation.
Location and Connectivity
The land for the project, measuring approximately 2.5 acres (10,290 square metres), is located near the Western Express Highway, Mumbai. The area is well-served by major arterial roads, including the Western Express Highway and Andheri-Kurla Road, facilitating seamless travel across the city. The presence of multiple metro stations, such as Marol Naka and Chakala, further augments the area's connectivity. Additionally, the proximity to Chhatrapati Shivaji Maharaj International Airport enhances its appeal for frequent travelers.
Development Scale
This initiative involves the transformation of a 2.5-acre housing society, marking a substantial addition to Sunteck Realty's portfolio. The project represents a significant example of urban redevelopment in Andheri East, a locality that has seen growing residential and commercial activity in recent years.
About Sunteck Realty
Sunteck Realty Limited (SRL), founded in 2000 by the visionary Mr. Kamal Khetan, has emerged as one of Mumbai's most rapidly growing luxury real estate development enterprises, with a portfolio covering an incredible 52.5 million square feet across 32 great projects. The company has been a trendsetter in creating iconic destinations such as the flagship project, Signature Island at Bandra Kurla Complex (BKC), Sunteck City in Oshiwara District Centre (ODC), Goregaon and SunteckWorld at Naigaon - the largest township of MMR's western Suburbs.
Sunteck Realty projects are located across key areas in Mumbai and the Mumbai Metropolitan Region, including Goregaon West, Bandra Kurla Complex (BKC), Mira Road, and Naigaon. The Company has successfully delivered projects worth > USD 1 billion and built one of the strongest balance sheets in the industry with negligible debt levels and visible cash flow.