Just couple of weeks ago we had covered the real estate market of Vizag. Unitech, the first real estate company that made it to the BSE SENSEX has announced that it has bought 1,750 acres of land from Andhra Government promoted APIIC for a whopping Rs 3,328 crore. This is the largest real estate deal in the country. Unitech will develop this land at an estimated cist of Rs 30,000 crore over the next 10 years.
DLF's Bangalore deal maybe scrapped as it is under investigation and may face a Nandigram like situation during land acquisition.
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