The country’s luxury housing segment is witnessing an unprecedented surge, with developers increasingly focusing on ultra-premium residences. After Gurugram’s DLF Camellias made headlines with apartments priced at Rs 100 crore each, a Mumbai-based developer has now raised the bar, announcing India’s costliest apartment at a staggering Rs 500 crore.

The ultra-luxury residential project is being developed by Sunteck Realty, which has unveiled plans to launch two high-end ventures, one in Mumbai and the other in Dubai. Both will be branded under the new global name, ‘Emans’, with residences aimed squarely at ultra-high net worth individuals.

Kamal Khaitan, Chairman and Managing Director of Sunteck Realty, said the company is foraying into the top-tier housing market with a new identity. “We

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