Tag Archives: Unitech Ltd

FIIs Reduced Investment In Real Estate

BSE reports shows that Foreign institutional investors (FIIs) have reduced their investment in real estate companies, mainly Parsvnath Developers and Unitech by 0.8 and 2 % correspondingly, year-on-year.
According to shareholding data available on BSE, the domestic financial institutions and banks have amplified their inevstment in Unitech Ltd by more than 1.5%, while Foreign institutional investors [...]

Lehman Bros Arm To Buy 50% In Unitech Project

Lehman Brothers Real Estate Partners has agreed to invest approximately US$175 million to acquire a 50% stake in the initial phase of a master-planned project on the Western Expressway of Mumbai.
The project is being jointly developed by Unitech Ltd. and their local Mumbai Partners (the Western Expressway JV).
The initial phase entails development one million square [...]