Sunteck Realty has completed the acquisition of a 100% equity stake in Shreejikrupa Hotels and Properties Private Limited (SHPPL) through its wholly-owned subsidiary, Apricum Buildwell Private Limited (ABPL). The acquisition was finalized on January 19, 2026. SHPPL owns a land parcel of 1.75 acres with an expected gross development value of approximately ₹2,500 Crores.
Acquisition Completed
Sunteck Realty has successfully acquired 100% of Shreejikrupa Hotels and Properties Private Limited (SHPPL). This was achieved through Apricum Buildwell Private Limited (ABPL), Sunteck’s wholly-owned subsidiary, as of January 19, 2026.
Land Parcel Details
SHPPL’s primary asset is a land parcel admeasuring 1.75 acres. The land is located off Andheri Kurla Road & Sahar Road, near the International Airport in Mumbai.
Development Potential
The gross development value expected from this land parcel is approximately ₹2,500 Crores. The company anticipates significant value creation through the development of this strategically located asset.
Source: BSE
