Telenor increases stake in Unitech to 67.25 per cent
Availability of affordable homes, soft interest rates, improved economic sentiment and employment stability drive buying activity.
Venturing where few private players have gone before, India's largest realty firm DLF is is planning to build one lakh affordablehouses that would cost less than Rs 20 lakh in
Unitech reported a decline of 50.44 per cent in its consolidated net profit at Rs 177.86 crore.
Delhi-based realty major Unitech has booked properties worth Rs 4 000 crore in its various projects since March. The developer has said residential space accounted for a chunk of
Unitech Ltd has sold properties worth about Rs 4,000 crore.
Bharti arm, Unitech disqualified
Unitech said first-quarter profit fell 63 percent on slowing property demand.
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