News articles tagged Unitech Ltd

Unitech sales decline by 50 pc in first half

Realty major Unitech Ltd reported a 50% decline in property sales during the first half of the current fiscal due to global market slowdown.

Jan-March Net Profit Of Unitech Plunges 98% On Weak Property Demand

Unitech Ltd.'s Q4 profit plummeted 98% due to high interest rates and property prices impacting demand. The company expects improvement in the current fiscal year with increased funding availability and lower interest rates.

Unitech to raise up to Rs 5000 crore via issue of securities

Unitech Ltd seeks to raise up to Rs 5,000 crore through securities issuance, alongside increasing share capital to Rs 1,000 crore amid an ongoing debt reduction strategy.

Unitech to announce telecom stake sale next week

Unitech Ltd to announce stake sale in telecoms business next week, expects 20%+ revenue & profit growth in FY 2008/09.

Major Realty Firm Now Bids For National Highway Project

Three major realty firms bid on national highway projects to diversify amid a residential real estate slowdown.

Lehman Bros Arm To Buy 50% In Unitech Project

Lehman Brothers invests $175 million in a Mumbai mixed-use project with Unitech and local partners. The project includes 1 million sq ft of office space, part of an 18 million sq ft master plan.

Noida Invites bids near Taj Expressway.

Noida Authority invites bids for nine hotels near the Taj-Agra Expressway, reflecting growing demand in the NCR region for hospitality and retail properties.

Good Budget For Real Estate Sector.

The Indian real estate sector is optimistic about the recent budget but calls for further action to meet industry demands, with key benefits noted for housing and infrastructure.