Unitech achieves Rs 524 cr sales booking in April-September

Realty firm Unitech's sales bookings remained flat at Rs 524 crore in the first six months of this financial year due to demand slowdwon in the property market.

Unitech leases office space to Google, to get Rs 600 cr rental

The leasing has been done at Rs 120-130 per square feet, sources said, adding that the deal would lead to rental revenue of around Rs 600 crore over the 9-year lease period.

Unitech partners Snapdeal to sell plots in Chennai

Realty firm Unitech Friday said it has joined hands with e-commerce major Snapdeal to sell plots in its 240-acre township at Chennai.

Promoters' stake in Unitech down by 12.93% as on June 30

The shareholding of promoters in realty firm Unitech has come down sharply by nearly 13 percent to 32.61 percent as on June 30.

Unitech raises Rs 70 cr from Piramal group for Chennai project

"We plan to raise Rs 150-200 crore funding through private equity and structured financing to meet working capital needs of our ongoing projects," Chandra had said.

Unitech plunges nearly 8% on bourses

Shares of Unitech plunged nearly 8 percent Tuesday amid reports that the National Consumer Disputes Redressal Commission (NCDRC) has asked the realty major to compensate buyers for delay in delivery of flats in Gurgaon, Haryana.

Unitech makes a comeback, stock up 10%

Shares of Unitech on Thursday staged a strong comeback, surging nearly 10 percent, after the realty firm blamed certain sections of the market for spreading "false and misleading" rumours about the company defaulting on its debt repayment that resulted in severe slump yesterday.

Realty stocks crash, Unitech plummets 35%

Led by a free-fall in Unitech, realty stocks witnessed massive selling pressure Wednesday, falling by up to 35 per cent on mounting debt worries amid indications that deficient monsoon may prevent future rate cuts by RBI.

Unitech brushes off rumours about default in debt repayment

Shares of Unitech had nosedived 51.63 percent to Rs 6.50, its 52-week low on the BSE.

Realty stocks sink, Unitech crashes 52%

Shares of Unitech nosedived 51.63 percent to Rs 6.50 its 52-week low at the BSE.

Unitech posts Rs 162.54 cr net loss in Q4 of FY'15

Realty firm Unitech on Friday reported consolidated net loss of Rs 162.54 crore for the fourth quarter of last fiscal on lower sales and higher expenditure.

Unitech appoints two non-executive independent directors

Real estate firm Unitech today appointed Sunil Rekhi and Chanderkant Jain as additional non-executive independent directors on the company's board.

Unitech to pay penalty to buyers for delay in Gurgaon project

Realty firm Unitech Monday said that the delivery of the flats in its housing project 'Residences' at Gurgaon got delayed and the company would pay the penalty to the buyers as per the agreement.

Unitech sales bookings down 38% at Rs 663 cr during Apr-Dec
Unitech sales bookings down 38% at Rs 663 cr during Apr-Dec

Unitech launched 0.64 million sq ft while delivered 3.04 million sq ft area in the first three quarters of this fiscal.

Tata-Unitech deal: CBI mulling option of closing probe

After re-opening a probe into whether funds from the Rs 1,700 crore Tata Realty-Unitech land deal were diverted for spectrum purchase, the CBI is mulling the option of closing the case again.

Unitech posts Rs 14.69 cr loss in Sept quarter

Realty firm Unitech on Wednesday reported Rs 14.69 crore consolidated losses for the second quarter of this fiscal on lower sales.

Unitech group firm sells 6 realty projects for Rs 1,850 cr

Unitech's net debt stood at around Rs 5,900 crore at the end of June quarter.

Unitech, UCP get BoA approval for stake sale in 5 SEZs

UCP and realty major Unitech are jointly developing five special economic zones (SEZs) and one IT Parks in Gurgaon, Noida and Kolkata. In these six projects, UCP holds 60 percent stake and Unitech 40 percent.

Unitech to sell non-core lands to cut debt, improve cash-flows

Unitech currently has over 100 ongoing projects, totalling an area of 38.41 million sq ft. Its net debt stood at Rs 5,900 crore at the end of the first quarter of this fiscal.

CBI to probe Tata Realty-Unitech land deal

CBI has registered a Preliminary Enquiry (PE) to probe into an alleged Rs 1,700 crore land deal between Tata Realty and Unitech in 2007 to purportedly fund the latter's telecom project.