Satyanarayan Bajaj, deputy secretary, Maharashtra revenue division, issued a notification on March 31 conveying the state government’s choice to take care of the established order on prepared reckoner rates. The built‐up area of Sunteck Icon is roughly two lakh sq ft with an approximate rental of Rs 300 per sq ft per thirty days on carpet space basis. This will enable Sunteck Realty to generate a revenue of close to Rs 2,000 crore over the tenure of 29 years.
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