New Delhi, Oct. 3 -- Sunteck Realty Ltd plans to unveil ultra-luxury housing projects in Mumbai and Dubai under the Emaance brand over the next 12 months. Residences under this brand will be priced upwards of Rs.2.5 lakh per square foot.

The first project, at Nepean Sea Road in south Mumbai, is slated for launch in FY26. Sunteck pegs the gross development value (GDV) or revenue potential of these projects at Rs.20,000 crore. Timely launches and a favourable customer response to these two projects could lift Sunteck's medium-term pre-sales outlook.

Sunteck's pre-sales is expected to clock a compound annual growth rate of more than 20% over FY25-27, aided by ongoing projects and a strong pipeline of new launches including the Dubai projec...