Latest Realty News

Unitech eyes close to Rs 1,000 crore from land, 2 NCR hotels
Jan 16, 2014
DELHI: Delhi-based real estate developer Unitech is looking at selling two hotel properties in the national capital region (NCR) and around 30 acres of land parcels in south India, which totally could fetch the company close to R1,000 crore, said an industry source.
Unitech sales bookings fall by 53% in H1 FY14 due to slowdown
Nov 19, 2013
DELHI: Realty major Unitech Ltd's sales bookings have dropped by 53% during first six months of this fiscal at Rs 717 crore due to slowdown in the property market.
Top realty firms like DLF, Oberoi Realty see sales fall 40-70% in Sept quarter
Nov 18, 2013
DELHI/MUMBAI: India's top listed real estate firms have reported a sharp drop in sales in the quarter to September as high prices and continued economic uncertainty kept home buyers away.
Unitech inks Rs 1,000 crore office leasing deal with Accenture
Oct 20, 2013
DELHI: Realty firm Unitech Group has leased 8.1 lakh square feet of space in its under-construction Gurgaon IT SEZ to Accenture in a deal that will give Rs 1,000 crore of rental income over 15 years.
Realty shares in demand
Oct 11, 2013
MUMBAI: Shares of real estate companies are in demand and trading higher by up to 10% after the market regulator Securities and Exchange Board of India (Sebi) issued draft regulations for setting up real estate investment trusts (REIT) in the country.
Realty stocks expected to move up
Oct 11, 2013
DELHI: Stocks of the beaten-down realty sector are expected to move up in the run-up to the results, said analysts. There could be an uptake of about 3-5% in these stocks going forward, they said.
Real estate stocks gain on improving liquidity
Oct 11, 2013
MUMBAI: Real estate stocks have been gaining ground ever since the RBI announced measures to ease short-term liquidity. BSE Realty index outperformed the past month, gaining over 3.05% as compared to 1.2% gains on the BSE Sensex. Real estate stocks such as Unitech, DLF, Oberoi Realty gained anywhere between 1-8% the past month.
As real estate developers struggle to deliver, home buyers step up protests
Oct 03, 2013
NEW DELHI/CHENNAI: Annoyed with the delays in handing over properties and deficiencies in services, home buyers are protesting against real estate developers either through marches or through the social media.
Strong investor interest for Unitech Gurgaon SEZ: Chairman Ramesh Chandra
Sep 27, 2013
DELHI: Realty firm Unitech has received strong investor interest from potential buyers for the sale of company's Special Economic Zone (SEZ) in Gurgaon, a top official said today.
Unitech leases 8 lakh sq ft space in Gurgaon SEZ
Sep 25, 2013
DELHI: Realty major Unitech has leased 8 lakh sq ft of office space in its Gurgaon SEZ to US-based HR consultancy firm Aon Hewitt with a potential revenue of about Rs 800 crore over the next 15 years.
Unitech inks Rs 800-crore leasing deal with Aon Hewitt
Sep 24, 2013
DELHI: In a deal that may spark a revival in the National Capital Region’s commercial real estate market, Unitech Ltd has inked a multi-crore deal to lease space at one of its IT SEZs in Gurgaon to MNC human resource firm Aon Hewitt.
Spectre of bubble-burst looms over housing sector
Sep 17, 2013
MUMBAI: The year was 2007. The real estate market, like the Indian economy, was on a roll. And Manish Khanna was busy house-hunting in Mumbai. His weekends were spent looking for an affordable deal in a good locality.
Slowdown in real estate forces builders to cut prices and dole out freebies
Sep 02, 2013
DELHI: There are no takers for close to 6 lakh homes in the country, forcing builders to cut prices and dole out freebies, which many hope will herald the much-awaited correction in the home market ahead of the festival season.
Unitech group company UCP in talks with Blackstone, GIC to sell SEZ
Aug 21, 2013
DELHI: Unitech Corporate Parks, a Unitech group firm listed in London, is negotiating with the private equity firm Blackstone and Singapore's sovereign wealth fund GIC to sell its IT special economic zone (SEZ) in Gurgaon for about Rs 2,700 crore.
Unitech group's UCP gets bids up to Rs 2,700cr for Gurgaon SEZ
Aug 06, 2013
DELHI: Unitech BSE -3.17 % Corporate Parks, a Unitech group firm listed in London, has received bids of up to Rs 2,700 crore from six companies, including Blackstone, for sale of its IT Special economic Zone (SEZ) in Gurgaon.
Global PEs, sovereign, pension funds in race for Unitech SEZ
Aug 05, 2013
DELHI: Real estate investment company UnitechBSE -1.97 % Corporate Parks has shortlisted two global private equity funds, a sovereign wealth fund of Singapore and a Canadian pension fund to make second round of bids for its 3.6 million sq ft IT special economic zone in Gurgaon near Delhi.
SEZ land, a golden goose for developers
Jul 31, 2013
DELHI: Is SEZ land a means for debt-ridden developers to monetise their assets? Seems so, as a clutch of real-estate developers are dropping their special economic zone (SEZ) plans in the wake of issues related to minimum alternate tax (MAT), land acquisition and slow demand from companies.
Unitech group company UCP plans to sell IT SEZ for about Rs 2,800 cr
Jul 14, 2013
DELHI: Unitech Corporate Parks, a Unitech group firm listed in London, is planning to sell its IT Special economic Zone (SEZ) in Gurgaon comprising about 3.5 million sq ft of office space for about Rs 2,800 crore.
Unitech sales booking in Q1 drops 31%
Aug 17, 2012
New Delhi: Real estate major Unitech Ltd sold properties worth Rs 701 crore during the first quarter of this fiscal, down by 31 per cent as compared to the year-ago period. The company had registered a sales booking of Rs 1,020 crore during April-June quarter of last fiscal. According to operational update posted on the company's website, Unitech sold 1.51 million sq ft of area in the fir

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