Unitech sells 2 million square feet area amounting Rs 362 crore in Q1FY17

19 Sep 2016

Unitech has sold 2 million square feet of area amounting to Rs 362 crore during the quarter ended June 30, compared with the year-ago period, on account of higher volumes in the commercial segment. The company had sold 0.23 million square feet area for Rs 178 crore in the corresponding period of the previous financial year.

Of the total bookings for the June quarter, the commercial segment, comprising institutional plots and office space, contributed Rs 281 crore, while the housing sales stood at Rs 81 crore. The bulk of the sales bookings were achieved in Gurgaon at Rs 306 crore.

The realty major has launched 1.75 million square feet of area, all in Gurgaon, during the first quarter of this financial year. The company has delivered 2.35 million square feet area during first quarter of FY 2016-17.

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