Success story
of Mr. Kamal Khetan, one of the most renowned personalities from the India real
estate industry is quite inspiring. He ventured into the realty sector with
limited capital and established a company named Sunteck Realty Ltd in 2000.
Today, his company is one among the top 10 listed real estate companies in the
country.
Here are some
of the achievements of Kamal Khetan:
·
He was featured twice in the Forbes India Rich
List. Forbes is a globally-read business magazine
·
He had opened a business centre at Bandra Kurla
Complex (BKC) in order to offer sub-leasing facilities. His project ‘Sunteck
Centrako’ attracted reputed hotels, high-profile multinational companies and
technology-related companies
·
Between 2000 and 2004, his company acquired
‘Sunteck Magenta’, ‘Sunteck Amenity’ and ‘Sunteck Certainty’ to offer
subleasing facilities
·
In 2006, Mr. Kamal Khetan won a government tender
for a luxury residential project at the Bandra Kurla Complex
·
‘Signature Island’ happens to be his showpiece
project. It is a high-rise residential apartment with luxury units that got
sold for $6 million each
·
He established a strong partnership with pharma
tycoon Ajay Piramal in 2007 in Piramal Sunteck, which was a subsidiary of his
flagship
·
Mr. Kamal Khetan’s Mumbai-based real estate
development company has a development portfolio of around 25 million square feet
spread across 24 projects (at various stages of development). This portfolio
also consists of 4 rented assets
·
Within a span of four years, Sunteck Realty
completed six projects with developed area of approximately 2 million square
feet. This comprised of commercial as well as residential developments
·
Reportedly, Sunteck Realty Ltd is expecting sales
revenue of approximately 1000 Crore INR in the coming two and a half years
through the launch of four new projects in Mumbai.