Comments on: Unitech In Search Of Telecom Partner http://indiarealestatemonitor.com/property-news/unitech-in-search-of-telecom-partner/ PropertyWala.com Microsite Wed, 17 Jun 2009 12:06:00 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Neeraj http://indiarealestatemonitor.com/property-news/unitech-in-search-of-telecom-partner/comment-page-1/#comment-403 Neeraj Thu, 31 Jul 2008 11:33:43 +0000 http://indiarealestatemonitor.com/property-news/unitech-in-search-of-telecom-partner/#comment-403 But if we see the unitech level it is only working on the real estate development level which is going to work on the full swing at every where. But if we see the unitech level it is only working on the real estate development level which is going to work on the full swing at every where.

]]> By: Vikas Bamotra http://indiarealestatemonitor.com/property-news/unitech-in-search-of-telecom-partner/comment-page-1/#comment-400 Vikas Bamotra Sat, 19 Jul 2008 11:25:19 +0000 http://indiarealestatemonitor.com/property-news/unitech-in-search-of-telecom-partner/#comment-400 India’s second-biggest property firm, Unitech, has scrapped plans to list a US$600 million ($824 million) real estate investment trust here.Its big rival, DLF, which is India’s biggest developer, did likewise in March, announcing it would delay its listing plans. However, Indiabulls Properties Investment Trust went ahead and listed last week, only to be disappointed. It raised less than what was hoped for in the IPO despite extending its offer deadline by a day in hope of attracting more retail investors. Its units then dropped 10 per cent on their debut last week and then needed to be supported by the IPO manager Deutsche Bank on day two of trading. India’s second-biggest property firm, Unitech, has scrapped plans to list a US$600 million ($824 million) real estate investment trust here.Its big rival, DLF, which is India’s biggest developer, did likewise in March, announcing it would delay its listing plans.

However, Indiabulls Properties Investment Trust went ahead and listed last week, only to be disappointed.

It raised less than what was hoped for in the IPO despite extending its offer deadline by a day in hope of attracting more retail investors. Its units then dropped 10 per cent on their debut last week and then needed to be supported by the IPO manager Deutsche Bank on day two of trading.

]]> By: riathareja http://indiarealestatemonitor.com/property-news/unitech-in-search-of-telecom-partner/comment-page-1/#comment-401 riathareja Tue, 01 Jul 2008 11:22:45 +0000 http://indiarealestatemonitor.com/property-news/unitech-in-search-of-telecom-partner/#comment-401 Real estate major Unitech Ltd is in final stages of negotiation with Lehman for a $500-million PE investment in its two commercial projects in Mumbai. The two sides have signed a non-disclosure agreement. According to sources, the investment may come into two SPVs floated by Unitech for the projects in Santa Cruz, and Lehman could pick up stake in the SPVs. Unitech is planning to sharpen its focus in the Mumbai market over the new two years. Unitech already has a land bank of 350 acres in Mumbai and in next two years the financial hub is expected to contribute more revenue for the company than the National Capital Region.Both the Mumbai projects would have a combined developable office space of 2 million sq ft in the initial phase.For more view- realtydigest.blogspot.com Real estate major Unitech Ltd is in final stages of negotiation with Lehman for a $500-million PE investment in its two commercial projects in Mumbai. The two sides have signed a non-disclosure agreement. According to sources, the investment may come into two SPVs floated by Unitech for the projects in Santa Cruz, and Lehman could pick up stake in the SPVs. Unitech is planning to sharpen its focus in the Mumbai market over the new two years. Unitech already has a land bank of 350 acres in Mumbai and in next two years the financial hub is expected to contribute more revenue for the company than the National Capital Region.Both the Mumbai projects would have a combined developable office space of 2 million sq ft in the initial phase.For more view- realtydigest.blogspot.com

]]> By: India Investment Property » Unitech’s Annual Profit Loss Statement http://indiarealestatemonitor.com/property-news/unitech-in-search-of-telecom-partner/comment-page-1/#comment-402 India Investment Property » Unitech’s Annual Profit Loss Statement Sat, 28 Jun 2008 12:02:54 +0000 http://indiarealestatemonitor.com/property-news/unitech-in-search-of-telecom-partner/#comment-402 [...] rupees in cash and bank balances as of 31st March 2008. Mr. Sanjay Chandra, Managing Director, Unitech Limited, said, “This performance is a outcome of the high growth plans that the company has been pursuing [...] [...] rupees in cash and bank balances as of 31st March 2008. Mr. Sanjay Chandra, Managing Director, Unitech Limited, said, “This performance is a outcome of the high growth plans that the company has been pursuing [...]

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