New Delhi, Sep 29 (PTI) Sunteck Realty Ltd will launch two new ultra-luxury housing projects in Mumbai and Dubai by June next year with an estimated revenue of Rs 20,000 crore, a top company official has said.

Sunteck Realty will develop these two ultra-luxury housing projects under a by-invite-only real estate lifestyle brand 'Emaance'.

"We are entering into the ultra-luxury residential segment under a new brand Emaance, derived from the fusion of two words Immense and Indulgence, where each apartment cost will not be less than Rs 100 crore," Sunteck Realty CMD Kamal Khetan told PTI.

The cost of the apartment will be as high as Rs 500 crore, he added.

To begin with, Khetan said the company is planning to launch two high-rise, ultra-luxury housing projects at Nepeansea Road, Mumbai, an

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