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Unitech ascends on unveiling Crestview Apartments in Gurgaon

29 Sep 2011 Evaluate

Unitech is currently trading at Rs. 27.25, up by 0.20 points or 0.74% from its previous closing of Rs. 27.05 on the BSE.

The scrip opened at Rs. 26.95 and has touched a high and low of Rs. 27.00 and Rs. 26.60 respectively. So far 865049 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 98.45 on 07-Oct-2010 and a 52 week low of Rs. 25.00 on 29-Aug-2011.

Last one week high and low of the scrip stood at Rs. 28.15 and Rs. 26.30 respectively. The current market cap of the company is Rs. 7077.09 crore.

The promoters holding in the company stood at 48.57% while Institutions and Non-Institutions held 33.40% and 18.02% respectively. 

Unitech has launched ‘Crestview Apartments’, part of Wildflower Country, a 100 acre township in Gurgaon.  Crestview Apartment is offering apartments in sizes ranging from 925 - 1402 sq. ft in G+13 level towers with each floor having 4 units. Each apartment will come equipped with the best of modern amenities like imported marble flooring in living/dining, split air-conditioning in all rooms etc.

The project offers social infrastructure and amenities like shopping area including daily needs store, Bank/ATM, Sewage treatment, Rain water harvesting, provision for public transportation area such as taxi stand, etc.

The company is expected to generate a sales-booking of Rs 400 crore from this project over 2 months and also, expects to garner revenue of Rs 2,000 crore from Wildflower Country Township over the next 3-4 years.

Earlier in July 2011, the company had registered more than 500 bookings for Anthea Floors in Wildflower Country in Gurgaon.

The company is developing Wildflower Country on the lines of Nirvana Country Township in Gurgaon, which is a landmark township with more than 500 Acres of beautifully landscaped developed areas. Wildflower Country will be a gated community and will comprise of villas, apartments, floors, plots and retail development.

Unitech Share Price

4.90 -0.16 (-3.16%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 855.85
Dilip Buildcon 450.15
DLF 595.85
Oberoi Realty 1695.70
Ahluwalia Contract(I 833.35
View more..

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