Unitech sells 300 Gurgaon housing units for Rs 200 cr

Realty firm Unitech today said it has sold over 300 units worth Rs 200 crore in its mid-income housing project at Gurgaon launched last week.

Unitech has received "over 300 bookings, garnering almost Rs 200 crore" in its Unitech South Park project in Gurgaon, the company said in a statement.

The country's second-largest realty firm had announced in February that it plans to make available 10 million sq ft (msf) of area in the next few months. In February last week, Unitech had launched a township project in Rewari.

"These are in line with our business plan to launch almost 10 msf in the next few months," Unitech Managing Director Sanjay Chandra said.

"The demand and pricing environment of the residential product is stable and there has also been a marked improvement in the demand for office spaces. We are working on a wide array of projects to tap this growing demand," he added.