Sunteck Realty Expands Dubai Presence with New Marketing Subsidiary
Sunteck Realty has incorporated a new wholly owned step-down subsidiary, Sunteck Lifestyle Properties L.L.C, in Dubai, UAE. The subsidiary, focused on sales and marketing for real estate projects in Dubai, is 100% owned by Sunteck Realty through Sunteck Lifestyles Limited (SLL). SLL has invested AED 300,000 by subscribing to 300 shares at AED 1,000 each. This move aims to enhance Sunteck Realty's marketing capabilities and presence in the Middle Eastern real estate market.

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Sunteck Realty , a prominent Indian real estate developer, has announced the incorporation of a new wholly owned step-down subsidiary in Dubai, United Arab Emirates. The move signifies the company's strategic expansion in the Middle Eastern market and its commitment to enhancing its marketing capabilities in the region.
Key Details of the New Subsidiary
| Aspect | Details |
|---|---|
| Name | Sunteck Lifestyle Properties L.L.C |
| Location | Dubai, United Arab Emirates |
| Parent Company | Sunteck Lifestyles Limited (SLL) |
| Ownership | 100% owned by Sunteck Realty through SLL |
| Primary Focus | Sales and marketing for real estate projects in Dubai |
Financial Investment
Sunteck Lifestyles Limited (SLL), already a wholly owned step-down Dubai subsidiary of Sunteck Realty, has made a strategic investment in the new entity:
- Shares Subscribed: 300
- Share Value: AED 1,000.00 each
- Total Investment: AED 300,000.00
Strategic Implications
The incorporation of Sunteck Lifestyle Properties L.L.C as a Dubai Marketing Company underscores Sunteck Realty's commitment to strengthening its presence in the UAE real estate market. This move is expected to enhance the company's ability to market its projects effectively in Dubai and potentially expand its operations in the region.
Regulatory Compliance
In compliance with the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, Sunteck Realty has duly informed the National Stock Exchange of India Ltd and BSE Limited about this development. The company has assured that all necessary regulatory procedures have been followed in the incorporation process.
Conclusion
The establishment of this new subsidiary in Dubai marks a significant step for Sunteck Realty in its international expansion strategy. By focusing on sales and marketing for Dubai projects, the company is positioning itself to capitalize on opportunities in one of the world's most dynamic real estate markets.
Historical Stock Returns for Sunteck Realty
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.72% | -1.50% | +2.46% | +12.87% | -20.09% | +67.58% |















































