Actor purchases 5,500 sq ft apartment in Signia Isles property, which is part of three-tower complex of Sunteck Realty, in the commercial district.

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Sunteck Realty Limited (SRL) is a premium real estate development company in Mumbai, offering luxury commercial and residential properties including 2, 3 and 4 bhk flats.

Sunteck Realty, the real-estate developer, today announced its acquisition of a land parcel through a joint development model, to develop a premium commercial project at the junction of Bandra Kurla Complex (BKC).

Sunteck Realty Ltd has acquired a plot of land at Bandra Kurla Complex (BKC), a business district in Mumbai, where it plans to develop a premium commercial office project through a joint development model.

Mumbai-based real estate development company Sunteck Realty Ltd, through a joint development model, has acquired a land parcel to develop a premium commercial project at the Bandra Kurla Complex (BKC).

Sunteck Realty, Mumbai’s premier real estate developer catering to premium and ultra-premium segment, has acquired a land parcel through a joint development model, to develop a premium commercial project at the junction of Bandra Kurla Complex (BKC).

Sunteck Realty on Thursday said it has acquired a land parcel in Bandra Kurla Complex (BKC) here for developing a premium commercial project, which is expected to generate revenue to the tune of Rs 500 crore.

Realty developer Sunteck Realty has entered into an agreement to jointly develop a commercial project at the junction of Bandra Kurla Complex ( BKC), the company said in a release.

A developer of luxury condominiums in one of Mumbai’s popular business districts is seeking private equity funds to buy distressed assets from rivals reeling under record debt. Sunteck Realty Ltd, whose clients include Bollywood stars such as Aishwarya Rai and Sonam Kapoor, is in talks with investors as it sees acquisition opportunities similar to those that followed the 2008 collapse of Lehman Brothers Holdings, Chairman Kamal Khetan said in an interview.

Sunteck, whose clients include Bollywood celebrities, is seeking private equity funds to buy distressed assets from rivals reeling under debt. Sunteck is among those companies that emerged relatively unscathed from the global meltdown and a domestic slowdown, even as bigger rivals found themselves holding excess inventory amid dwindling sales.

A developer of luxury condominiums in one of Mumbai's popular business districts is seeking private equity funds to buy distressed assets from rivals reeling under record debt. Sunteck is among those real estate companies that emerged relatively unscathed from the global meltdown and also from a domestic slowdown, even as bigger rivals found themselves holding excess inventory amid dwindling sales and were unable to shift their properties when they needed to do it quickly.

The Reserve Bank of India kept key interest rate unchanged in the third monetary policy review. The RBI status quo was widely anticipated by the market participants. Repo and reverse rates stood at 7.25% and 6.25% respectively. At the same time, cash reserve ratio (CRR) and statutory liquidity ratio (SLR) retained at 4% and 21.5% respectively.

Commenting on the monetary policy announcement, Kamal Khetan, CMD, Sunteck Realty said, 'RBI's move to keep the repo rate unchanged was an expected one considering the recent rate cuts. However, several measures like increase in bank lending to productive sectors & foreign portfolio investors being allowed to invest in G-secs after their investment limits are utilized signal the central bank's pro-activeness to mobilize the Indian economy.

"RBI's move to keep the repo rate unchanged was an expected one considering the recent rate cuts. However, several measures like increase in bank lending to productive sectors & foreign portfolio investors being allowed to invest in G-secs after their investment limits are utilized signal the central bank's pro-activeness to mobilize the Indian economy. With CAD & inflation targets well within control & GDP estimates of 7.6%, the Indian economy seems headed for a good financial year ahead. We would expect Banks to reduce home loan rates further in this fiscal and encourage the fence sitter to take a decision to give a much needed boost to the Real Estate sector".

Bollywood actress Aishwarya Rai Bachchan has bought a five-bedroom luxury flat in Mumbai's Bandra Kurla Complex. She paid a good Rs 21 crore for the luxury apartment. The apartment is located on a high end residential complex which is spread over 5,500 sq ft. The BKC complex is a part of Sunteck Realty and it has three towers, Signature Island, Signia Isles and Signia Pearl. The actress will occupy her flat which is in Signia Isles property.

It's common knowledge by now that Aishwarya Rai Bachchan, regarded as one of the most beautiful women in the world, will be making a comeback to films with Jazbaa. In fact we hear that Aishwarya Rai Bachchan has bought a luxury apartment spanning over 5,500 sq ft at a high-end residential complex in Bandra-Kurla Complex for a whopping Rs. 21 crores. Apparently, the said deal for a five bedroom apartment was concluded and registered last week. As for the apartment itself, the swanky new abode that is located in the Signia Isles property, that is part of three-tower complex of Sunteck Realty, in the commercial district, with a going rate of approximately Rs 38,000 per sq ft.

Bollywood actress Aishwarya Rai Bachchan has bought a luxury apartment spread over 5,500 sq ft at a high-end residential complex in Bandra-Kurla Complex for Rs 21 crore, said two persons familiar with the development. The actress has bought the sprawling apartment in Signia Isles property, which is part of three-tower complex of Sunteck Realty, in the commercial district. The deal values the place around Rs 38,000 per sq ft. The complex has three towers Signature Island, Signia Isles and Signia Pearl.

Bollywood stars prefer to invest big money in real estates, be it India or overseas. And the latest celebrity to invest in real estate is Bollywood diva and former Miss World Aishwarya Rai Bachchan. In a high transaction deal, the "Jazbaa" actress has bought a five-bedroom luxury apartment in Mumbai worth Rs 21 crore. Aishwarya Rai bought the five-bedroom flat in Mumbai's Bandra Kurla Complex, also called BKC. Interestingly, Aishwarya Rai is going to be actress Sonam Kapoor's neighbour, who endorses the same cosmetic brand as the former.

Bollywood actress Aishwarya Rai Bachchan has bought a luxury apartment spread over 5,500 sq ft at a high-end residential complex in Bandra-Kurla Complex for Rs 21 crore, said two persons familiar with the development. The actress has bought the sprawling apartment in Signia Isles property, which is part of three-tower complex of Sunteck Realty, in the commercial district. The deal values the place around Rs 38,000 per sq ft. The complex has three towers Signature Island, Signia Isles and Signia Pearl.

A few days ago it was reported that Aishwarya Rai Bachchan has bought a 21 crore worth 5 BHK apartment at Bandra Kurla Complex (BKC), Mumbai. Here’s a dekho of Signia Isles, the plush building that houses Ash’s brand new pad which is spread across an area of 5,500 sq ft. The building is part of Sunteck Realty’s complex that comprises of three towers – Signature Island, Signia Pearl and Signia Isles.