Unity Infraprojects in talks with top developers to sell Mumbai land: Report

Unity Infraprojects is reportedly planning to sell 0.5 million sq ft plot in Parel area of Mumbai. In this regard, the company is already in talks with several top developers such as Tata Housing, Peninsula Land and Godrej Properties among others. The company is looking at a valuation of Rs 350 crore for the land. Moreover, it is open to jointly developing the land or outright sale. Unity Infraprojects is one of the largest civil contractors in India. It is the flagship unit of the Mumbai-based KK Group of Companies, which has its interests spread across a wide spectrum of businesses such as concrete block manufacturing, quarrying, hotel and organized retailing industries.