Real estate developer Unitech Ltd today said it plans to invest Rs 2,000 crore in the affordable housing category in the country in 2011-12.
“We plan to invest Rs 2,000 crore in cities like Chennai, Bangalore, Delhi NCR, Bhopal, Mohali, Ambala in this financial year,” Unitech Limited Vice-President Mr Routhu Nagaraju told PTI.
He said the company will be investing Rs 75 crore in the first phase of its affordable housing project ‘Unihomes’ in Ambala, Haryana which is a part of about 150 acre Unitech township project.
In the first phase the company would be offering 300 units of two and three bedrooms, he said. The starting price of a unit in Ambala would be Rs 18.4 lakh.
He said ‘Unihomes’ is a part of the business plan of covering 10 million square feet and will be launched in multiple phases.
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