Unitech Ltd, the second largest real estate developer in the country, sold properties worth Rs 1,299 crore during the first quarter of this financial year, predominantly for housing. The company sold areas worth 3.01 million sq ft in the quarter, of which 2.61 million sq ft were sold in the residential space. The residential segment contributed Rs 987 crore of the total sales bookings of Rs 1,299 crore. Unitech had sold 16.6 million sq ft of area amounting to Rs 7,033 crore in 2009-10. The National Capital Region (NCR) contributed Rs 1,110 crore of the total sales booking of Rs 1,299 crore. However, in terms of average realisation, the non-residential segment fared better at Rs 7,784 per sq ft, while residential space was sold at an average price of Rs 3,782 per sq ft.
The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment