Unitech to Focus on Real Estate-Looking to De-merge Non-Core Business

Published: March 19, 2010

Unitech Ltd, the second-largest real estate developer in the country, is looking to de-merge its non-core businesses in order to focus only on real estate, a source familiar with the development said. The company’s non-realty businesses include construction, special economic zones (SEZs), power, telecom and hotels. The company plans to unlock value through private equity [...]

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Latest new projects in Delhi NCR

Published: August 14, 2009

Latest new projects in Delhi NCR worth investing in. Jaypee Aman, Kosmos, Unitech uni homes, Lotus Boulevard etc.

Posted under New Realty Projects

Is it good time to buy or sell in real estate mkt now?

Published: July 27, 2009

Is it a good time to buy or sell in the real estate market right now? Chances are that as a prospective buyer or a property owner, you may be facing a serious dilemma. Industry players feel that while it may be a good decision to buy in certain locations, a sell off needs to [...]

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Big Malls Make a Comeback

Published: June 12, 2009

The global financial meltdown and its concomitant effect on India’s real estate industry had forced developers to defer supply of mall space in 2008. However, in what could be seen as early signs of revival of retail real estate, as many as 100 malls, spread over 30 million sq ft, are expected to come up [...]

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Brokers’ fees go up as real estate sales drop

Published: March 6, 2009

New Delhi: Property brokers are taking advantage of the slowdown in the residential real estate market by increasing the commission they charge from developers. As house and apartment sales sag, brokers, who typically charged 2-5% of the value of the property as commission, are demanding as much as 8-9%.
“The slump in sales is so dramatic [...]

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Greater Noida Phase II to boost development activities

Published: January 10, 2009

If implemented, the Greater Noida Phase-II will impart a new momentum to the development of the zone. Akash Vashishtha takes a look on the current status, the opportunities and future of the region The state government’s plan of setting up Greater Noida Phase-II is expected to boost the already high industrial character of Greater [...]

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