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Unitech Corporate Parks plans to put Gurgaon property on block: reports

India Infoline News Service/ 09:59 , Dec 13, 2012

Reports said that Infospace Dundahera, coming up in the 28-acre IT-SEZ in Gurgaon near Delhi, is expected to be completed by end of 2013.

Unitech Corporate Parks Plc, the real estate investment company listed on London’s Alternative Investment Market is planning to put one of its largest assets in India on the block with a valuation of Rs 30bn, according to reports.

Reports said that Infospace Dundahera, coming up in the 28-acre IT-SEZ in Gurgaon near Delhi, is expected to be completed by end of 2013.

The project is being  developed by the local land owner and the company and 28% of the proceeds from monetisation will go to the land owner, says report.

 



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