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UCP's business strategy is to make investment(s) in commercial
real estate in India which is being developed specifically for the
high growth IT (Information Technology) and ITES (Information Technology
Enabled Services) sectors.
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UCP intends to co-invest along with Unitech Limited and its affiliates
("Unitech Group"), which is one of India's leading developer. |
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The Unitech Group will provide investment advisory services to UCP
and also render project management services to the Seed Portfolio
projects. As a result of these arrangements, UCP will have access
to the considerable experience of the Unitech Group. |
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Tracking its history back to 1971, Unitech Group's has over 30 years'
experience in the construction and real estate development business
in India. Unitech Limited is listed on the Bombay Stock Exchange Limited
and the National Stock Exchange Limited in India. The Unitech Group's
real estate portfolio encompasses the development of integrated townships,
residential complexes, commercial office space, IT Parks and SEZ developments,
retail developments, hotels and amusement parks. From its beginnings
as a real estate developer focusing on the NCR, the Unitech Group
has expanded its operations to other major cities in India including
Kolkata, Hyderabad, Bangalore, Kochi, Chennai, Lucknow, Varanasi,
Chandigarh and Agra. |
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