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Unitech Group Earned 350 cr. for their Gurgaon Projects

Unitech expects to generate revenues of over Rs 1,500 crore over the next 3-4 years from this township," it added. The company said that it has launched 7 million square feet of area in the last seven months

    NOIDA, INDIA, August 03, 2011 /Real Estate PR News/ -- Unitech Group India's largest & reputed builder launched their townships, independent floors, villas, apartments, and plots at very exclusive rates. Athena Floors its new independent floors offers at very reasonable prices it's used for both investment as well as self use.

Unitech group today said it has sold 450 independent floors for about Rs 350 crore under a township project in Gurgaon.

"Unitech group sold more than 450 units of its newly launched project, Anthea Floors, and garnered a sale of about Rs 350 crore from these," the country's second largest realty firm said in a statement. The project, which was launched a week back, is part of a 100-acre township that the company is developing in Gurgaon.

The independent floors were launched at a starting price of Rs 55 lakh, a company official said.
The construction cost for these 450 independent floors would be about Rs 100 crore, he added.
The township will comprise of villas, apartments, floors, plots and retail developments, the statement said.

"Unitech expects to generate revenues of over Rs 1,500 crore over the next 3-4 years from this township," it added.

The company said that it has launched 7 million square feet of area in the last seven months.
Unitech is currently developing about 80 projects across the country, spanning 40 million square feet of area. The company has a presence in the national capital region, Chennai and Kolkata
.
In 2010-11, Unitech launched projects covering 10.44 million square feet area. It booked 9.16 million square feet for Rs 4,323 crore and delivered 4.25 million square feet of completed area.
Unitech Builder is the one of largest real estate Developer in India with a market capitalization of around US$ 5 bn. It has experience of over 20 years in real estate development turbing many a barren landscapes into landmarks.

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