Unitech Ltd,
Unitech has already infused Rs 250 crore into the venture, which had launched projects at discounted prices in prime localities like Worli in order to raise cash upfront. The projects were being executed at the entity level. Following the parting of ways, ongoing projects will continue as special purpose vehicles (SPVs).
Unitech has a portfolio of 42 million square feet through joint ventures in Mumbai of which 50% is its own share. The Unitech Omkar joint venture has launched projects in Worli, called The Residences. It has pre-sold around 20% of the project. Another one is in Chembur where Phase I has been sold out and it was expected to launch the second phase, apart from the Woodside and Ascot projects in Dadar, central Mumbai.
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|---|---|
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| Dilip Buildcon | 457.55 |
| DLF | 601.80 |
| Oberoi Realty | 1710.00 |
| Ahluwalia Contract(I | 832.90 |
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