Sunteck Realty Completes Acquisition of Prime Mumbai Land Parcel Worth ₹2,500 Crores
Sunteck Realty Limited has completed the acquisition of 100% stake in Shreejikrupa Hotels and Properties Private Limited through its subsidiary Apricum Buildwell Private Limited on January 19, 2026. The acquired entity owns a 1.75-acre land parcel located off Andheri Kurla Road and Sahar Road, near Mumbai's International Airport, with an estimated gross development value of ₹2,500 crores. This strategic acquisition strengthens Sunteck Realty's position in Mumbai's prime real estate market.

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Sunteck realty Limited has successfully completed a strategic acquisition that strengthens its position in Mumbai's prime real estate market. The company announced the completion of its 100% stake acquisition in Shreejikrupa Hotels and Properties Private Limited on January 20, 2026, marking a significant milestone in its expansion strategy.
Acquisition Structure and Timeline
The acquisition was executed through Apricum Buildwell Private Limited (ABPL), a wholly owned subsidiary of Sunteck Realty. Following the completion of the transaction on January 19, 2026, Shreejikrupa Hotels and Properties Private Limited (SHPPL) has become a wholly owned subsidiary of ABPL and a step-down wholly owned subsidiary of the parent company.
| Parameter: | Details |
|---|---|
| Acquisition Date: | January 19, 2026 |
| Acquiring Entity: | Apricum Buildwell Private Limited |
| Target Company: | Shreejikrupa Hotels and Properties Private Limited |
| Stake Acquired: | 100% equity stake |
| Transaction Status: | All conditions precedent fulfilled |
The transaction follows the company's earlier intimation dated October 30, 2025, with all conditions precedent as per the Share Purchase Agreement now being fulfilled.
Strategic Land Asset Details
The acquired entity holds a premium land parcel that positions Sunteck Realty advantageously in Mumbai's competitive real estate landscape. The property's strategic location and development potential represent key value drivers for the acquisition.
| Asset Details: | Specifications |
|---|---|
| Land Area: | 1.75 acres |
| Location: | Off Andheri Kurla Road & Sahar Road, Andheri |
| Proximity: | Near International Airport, Mumbai |
| Estimated GDV: | ₹2,500.00 crores |
Development Value and Market Position
The gross development value expected from this land parcel is approximately ₹2,500.00 crores, reflecting the premium nature of the asset and its strategic location near Mumbai's International Airport. This acquisition enhances Sunteck Realty's land bank with a high-value asset in one of Mumbai's most sought-after corridors.
The completion of this acquisition demonstrates Sunteck Realty's continued focus on securing prime development opportunities in Mumbai's key growth areas. The proximity to the international airport and major arterial roads positions this asset favorably for future development projects.
Historical Stock Returns for Sunteck Realty
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.56% | -3.99% | +2.96% | -5.60% | -18.22% | +6.97% |











































