Unitech Ltd, the second-largest real estate developer in the country, has been able to generate sales of Rs 5,553 crore in the first nine months of the current fiscal.
According to operational update released by developer for investors, the company delivered area of 5.62 million square feet by December and another 17.05 million sq ft would be delivered by March 2011.
The numbers underline a revival in demand in India’s property market as buyers for homes and offices return on the back of low mortgage rates and lower prices, after the global financial crisis in 2008 cut off funding and demand.
More : dnaindia.com
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