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Unity group to finance housing project in central Delhi

Monday, 16 Apr 2018

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Realty firm Unity group has forayed into real estate segment and will pump Rs 3,000 crore to develop a housing project at Karol Bagh in central Delhi.

The company will build 2,500 flats in 22 towers 'The Amaryllis'. The project will spread over a 40 acre of land parcel. The group has also tied up with global fashion house Gianni Versace to build branded homes.

The project comprises two 45-storeys twin towers with over 182 mtr height, having 145 branded apartments. Unity group is developing this project in joint venture with DCM group.

The project will be funded through internal accruals and advances from customers.