Unitech to raise $1 bln from PE funds

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New Delhi, Jun 27 (UNI) Real estate major Unitech Ltd today said it will raise about one billion dollars from private-equity funds in the next one year for its projects.

''Unitech would raise 350 million dollars in the next 3-4 months for a hotel project and 700-800 million dollars for residential and commercial projects in Mumbai in the next one year,'' company Managing Director Sanjay Chandra told reporters here.

UNI SR SBA HS1655

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