NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

REAL ESTATE KING UNITECH TO FOCUS ON SLUMS REHABILITATION PROJECTS IN MUMBAI

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
The real estate king has decided to focus on the Mumbai slums instead of concentrating on luxury projects in Delhi or Gurgaon. The developer with its partners will take only those projects which are near the slum rehabilitation routes. According to www.propertykhazana.com, a company official stressed that there is an increase in the demand for the residential properties and low cost entry in Mumbai which would help in compensating projects in NCR.
Unitech, partners will help in acquiring, clearing and rehabilitating the slums, while Unitech will take care of marketing and financial aspects of the business. The New Delhi based developer’s land area is over 320 Crores. Unitech came and sold 2 million sq feet (approx) from one of its projects in Worli at a massive 37% discount on the market rates.
Unitech is on a high because it is going to maintain an awesome range of 40-45 percent in the housing segment towards the development of slums in Mumbai. The company is expecting massive returns from Mumbai amounting to 25%, post 2012. As per the sources reported at www.propertykhazana.com, the company is also obtaining massive returns of 67% as compared to 57% from Noida and Gurgaon. The rehabilitation policy is said to be covering more than 61,000 families approximately. The letter of Intent also needs to be obtained. Furthermore, the developer is venturing into the process of launching projects in Siliguri, Vishakhapatnam at the end of year 2010. The company is concentrating on construction based projects. Unitech is into social welfare schemes like setting up the 200 acres of school and industrial areas for sale. It is selling other hotel properties for reducing the debt. It has cleared the debt of INR 2400 Crores in the first half of the year and remaining INR 500 Crores will be paid by the end of the year. For more information please visit the website www.propertykhazana.com.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Mumbai

Sep 21, 2016
2 BHK APARTMENT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar , Navi Mumbai. # Sector : 20 # Area : 1055 sq ft # Cost :..
Sep 14, 2016
For Sale – Spacious 1 BHK Flats in Prime Location of Borivali East Project : Triveni, a project by Atul Corporates. Structure comprises of..
Sep 08, 2016
3 BHK FLAT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar, Navi Mumbai. # Area : 1375 sq ft # Cost : 1,25,00,000 # Parking..
Aug 28, 2016
3 BHK FLAT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar, Navi Mumbai. # Area : 1375 sq ft # Cost : 1,25,00,000 #..
Aug 27, 2016
For Sale – Luxurious 3 & 4 BHK Flats in Prominent Location of Matunga East Mody Kunj in Matunga East, near Kings Circle is a..
Aug 17, 2016
# Location : Kharghar , Navi Mumbai. # Area : 1000 sq ft # Cost : 8500000 # Parking : 1 Covered # Bed : 2 Bedroom # Balcony : 2 balcony #..
Jul 25, 2016
Primo is one of the residential developments of Ceear Realty, located in Mumbai. The project is designed by Architect Hafeez Contractor. It offers..
Apr 06, 2016
This 1 bhk flat is a specious flat with all modern amenities like gym, Swimming pool, Children play area etc.This flat has a west facing and a..
spacer

Apartments, Flats and Property for Rent in Mumbai

Sep 02, 2016
2 BHK SPACIOUS FLAT FOR RENT AT KHARGHAR – NAVI MUMBAI. # Location : Kharghar. # Sector : 18, (near to central park, golf course and ..
Aug 12, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 635 sq ft # Rent : 10000 # Deposit : 40,000 # Parking : open # Balcony : balcony #..
Aug 11, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 835 sq ft # Rent : 13000 # Deposit : 50,000 # Parking : open # Balcony : balcony #..
Jun 23, 2016
1 BHK flat for rent at kharghar Location : sector - 12 Area - 559.00 Rent - 15000 Station, mall, colleges at reachable..
Jun 21, 2016
Amazing flat at kharghar for sale..
Jun 04, 2016
A spacious and unfurnished 1 bhk apartment for rental in mayuresh residency situated opp. Asian paints, Lbs marg, Bhandup west. This flat is..
Dec 09, 2015
Fully Furnished Condo in Royal Palms, Goregaon East. Area : 344 sq.ft., Rent : Rs.11000/-, Deposit : Rs.30000/-, Flat is on 3rd floor out of 7..
Oct 15, 2015
Unfurnished Property Description Elegantly unfurnished 1 bhk apartment in luxurious and excellent apartment makes a definitive statement in..
spacer
spacer
spacer
spacer
spacer