Unitech to invest Rs 2,000 crore in affordable housing projects
Unitech Lmited has announced plans to invest Rs 2,000 crore in the affordable housing category in the year 2011-12.
“We plan to invest Rs 2,000 crore in cities like Chennai, Bangalore, Delhi NCR, Bhopal, Mohali, Ambala in this financial year,” Unitech Limited vice-president Routhu Nagaraju, said.
Routhu Nagaraju said the company will be investing Rs 75 crore in the first phase of its affordable housing project ‘Unihomes’ in Ambala, Haryana State which is a part of nearly 150 acre Unitech township project.
In the first phase the company would be offering 300 units of two and three bedrooms, he said. The starting price of a unit in Ambala would be Rs 18.4 lakh.
Routhu Nagaraju also said ‘Unihomes’ is a part of the business plan of covering 10 million square feet and will be launched in multiple phases.
Unitech Lmited has announced plans to invest Rs 2,000 crore in the affordable housing category in the year 2011-12.
“We plan to invest Rs 2,000 crore in cities like Chennai, Bangalore, Delhi NCR, Bhopal, Mohali, Ambala in this financial year,” Unitech Limited vice-president Routhu Nagaraju, said.
Routhu Nagaraju said the company will be investing Rs 75 crore in the first phase of its affordable housing project ‘Unihomes’ in Ambala, Haryana State which is a part of nearly 150 acre Unitech township project.
In the first phase the company would be offering 300 units of two and three bedrooms, he said. The starting price of a unit in Ambala would be Rs 18.4 lakh.
Routhu Nagaraju also said ‘Unihomes’ is a part of the business plan of covering 10 million square feet and will be launched in multiple phases.
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