Unitech Ltd (UNTE.BO)
|Market Cap (Mil.):||Rs40,422.24|
|Shares Outstanding (Mil.):||2,616.33|
Reuters Market Eye - Unitech up 2.2 percent, DLF gains 3.3 percent while Sobha Developers advances 5.9 percent.
* Unitech up 0.8 percent, DLF gains 0.9 percent while Sobha Developers advances 2.7 percent. * Hindustan Construction Company gains 2.7 percent while NCC is up 1.1 percent. * India relaxes rules for foreign investment in construction. * Move seen providing funding to companies to cut debt, fast track projects. (firstname.lastname@example.org / email@example.com)
Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Chris Peters in Bangalore)
NEW DELHI - Foreign private equity funds and pension funds are among investors that over the last 12 months have committed to invest more than $1 billion to buy or build commercial property in India as the government works to finalise rules governing real estate investment trusts (REITs).