The country sells at 20% to 30% of India’s most expensive retail market, according to land experts.

expensive

Sunteck Realty Ltd. was the first to see a business boom in the last decade, as it turned the district into Mumbai’s financial future and built housing for wealthy banks. Now, as long as the cost of living and the epidemic rises again.

The country sells at 20% to 30% of India’s most expensive retail market, according to land experts. It earns about $ 9 million annually and is considering buying more in 2021.

“Prices soared during this epidemic;” We’ve seen the big three which is the biggest in the last seven years, “President Kamal Khetan said in a phone interview.” Landlords are worried, inventors are being persecuted. Consumer market. “

Sunteck has defended land purchases over the past decade, having sold the Bandra Kurla Complex property to people, including former Citigroup chief Vikram Pandit and Indian millionaire Uday Kotak. A few years before that, the place was a low-lying area because of the confluence of the Sungai Bersama Pohon; Today it has the headquarters of the Indian bank Citi, as well as the U.S. Consulate and several hotel chains.

Rapid changes in Mumbai – such as BKC – have resulted in costs as well as easy access to financing from shadow providers. In recent years these retailers have experienced a crisis and the disease has expanded the real estate market and offered housing for low-income, high-income companies, and recording companies.

Sunteck has a 40-foot bank, about 80% of which is a joint venture. Recently, builders have been sharing rental properties with landlords rather than buying homes directly. On average, Sunteck shares 25% of the tax.

“If there’s good tension, we can buy and grow,” Khetan said. “However, in the meantime, there is a lot of time that can be done in the form of ignorance.”

He also added that customers can be seamless. Sunteck is committed to supporting real estate financing through internal expansion. Subscriptions increased 6% to 3.7 billion rupees ($ 50.2 million) in January-March, giving the largest collection of 7.8 billion in the current financial year. In March.

“We have consolidated our presence into the Mumbai region,” Khetan said. “Now that we want to grow rapidly, we see three growths in the next 3-4 years.”

Translate »