This trend is expected to continue as real estate developers are in vogue due to booming real estate activity in India. The successful public issue of Parsvnath Developers which was oversubscribed by over 50 times, was also a major trigger.
Unitech is into development of real in residential and commercial segments. Besides it has also got various in principle approvals for SEZs (special economic zones).
In September 2006 quarter, Unitech