Unitech Resumes Construction of South Park Project
Real Estate

Unitech Resumes Construction of South Park Project

Unitech has announced the resumption of construction for its South Park project located in Gurugram, marking a significant development in the real estate sector.

Project Overview: The South Park project, a prominent residential development by Unitech, had faced delays. The decision to restart construction comes as a positive move for the real estate market in Gurugram, which is experiencing renewed activity and interest.

Resumption of Work: After a period of stagnation, Unitech has resumed work on the South Park project. This restart is expected to address previous delays and bring the project closer to completion, benefiting prospective homeowners and investors.

Impact on Gurugram Real Estate: The resumption of the South Park project is likely to have a favorable impact on the real estate market in Gurugram. It reflects positively on the developer?s commitment to fulfilling project timelines and can boost investor confidence in the region.

Developer's Commitment: Unitech?s decision to restart construction demonstrates a commitment to advancing its residential projects. This move is expected to enhance the company?s reputation and contribute to its ongoing efforts to deliver quality residential spaces.

Project Features: The South Park project is known for its planned amenities and residential offerings. Once completed, it is expected to provide modern living spaces with various facilities, aligning with the growing demand for quality housing in Gurugram.

Market Response: The restart of construction is anticipated to generate interest among buyers and investors who have been waiting for the project's revival. It is also expected to positively influence the overall real estate sentiment in the area.

Future Prospects: As construction progresses, Unitech is expected to provide regular updates on the project?s status. The successful completion of South Park could set a precedent for future developments and contribute to the company?s growth trajectory.

Conclusion: Unitech?s move to restart construction on the South Park project is a notable development in the Gurugram real estate market. It signifies a positive shift for the developer and the region, offering renewed hope for stakeholders and potential buyers.

Unitech has announced the resumption of construction for its South Park project located in Gurugram, marking a significant development in the real estate sector. Project Overview: The South Park project, a prominent residential development by Unitech, had faced delays. The decision to restart construction comes as a positive move for the real estate market in Gurugram, which is experiencing renewed activity and interest. Resumption of Work: After a period of stagnation, Unitech has resumed work on the South Park project. This restart is expected to address previous delays and bring the project closer to completion, benefiting prospective homeowners and investors. Impact on Gurugram Real Estate: The resumption of the South Park project is likely to have a favorable impact on the real estate market in Gurugram. It reflects positively on the developer?s commitment to fulfilling project timelines and can boost investor confidence in the region. Developer's Commitment: Unitech?s decision to restart construction demonstrates a commitment to advancing its residential projects. This move is expected to enhance the company?s reputation and contribute to its ongoing efforts to deliver quality residential spaces. Project Features: The South Park project is known for its planned amenities and residential offerings. Once completed, it is expected to provide modern living spaces with various facilities, aligning with the growing demand for quality housing in Gurugram. Market Response: The restart of construction is anticipated to generate interest among buyers and investors who have been waiting for the project's revival. It is also expected to positively influence the overall real estate sentiment in the area. Future Prospects: As construction progresses, Unitech is expected to provide regular updates on the project?s status. The successful completion of South Park could set a precedent for future developments and contribute to the company?s growth trajectory. Conclusion: Unitech?s move to restart construction on the South Park project is a notable development in the Gurugram real estate market. It signifies a positive shift for the developer and the region, offering renewed hope for stakeholders and potential buyers.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement