Sunteck Realty launches luxury brand Emaance in Mumbai and Dubai, targeting billionaires with homes priced over ₹100 crore.

Sunteck Realty Ltd is launching Emaance, a new ultra-luxury residential brand, with two high-end projects in Mumbai’s Nepeansea Road and Dubai’s Downtown near the Burj Khalifa, targeting billionaires and ultra-high-net-worth individuals. Expected to generate around ₹20,000 crore in revenue, the homes will be priced from ₹100 crore to ₹500 crore, exceeding ₹2.5 lakh per square foot. This marks Sunteck’s first international venture, aligning with rising demand in India’s luxury real estate market, where high-end sales in Mumbai rose 11% in the first half of 2025. The company reported a 47% profit increase in the April–June 2025–26 quarter despite a decline in total income.