Unitech sells Rs 4,000 cr property since March
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 the sales and contributed Rs 2,639 crore, while the rest was mopped up through the sale of non-residential projects.
The company gave the figures in a presentation to the investors. “We have already received the booking amounts towards space sale,” a Unitech spokesperson told the Financial Chronicle. He, however, did not divulge the exact amount. The booking amount usually amounts to 10 per cent of the total price of a residential unit.
In terms of space, the developer sold 10.11 million sq feet in its newly launched projects. The projects are coming up in Gurgaon, Chennai, Noida, Greater Noida, Mumbai, Kolkata, Lucknow, Bhopal, Mohali and Bangalore.
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