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	<title>Property News India and Featured Real Estate Stories &#187; 100 ongoing projects</title>
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		<title>Unitech looking forward to settle debts</title>
		<link>https://groups.commonfloor.com/news/unitech-looking-forward-to-settle-debts-74812</link>
		<comments>https://groups.commonfloor.com/news/unitech-looking-forward-to-settle-debts-74812#comments</comments>
		<pubDate>Thu, 11 Sep 2014 05:13:10 +0000</pubDate>
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				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[100 ongoing projects]]></category>
		<category><![CDATA[Brookfield Asset Management]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Ongoing Projects]]></category>
		<category><![CDATA[Ramesh Chandra]]></category>
		<category><![CDATA[Real estate firm]]></category>
		<category><![CDATA[Unitech]]></category>

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		<description><![CDATA[Real estate firm Unitech will sell non-core land parcels to reduce debt by 15-20 percent and improve cash-flows for faster execution of ongoing projects, company&#8217;s chairman Ramesh Chandra has said. Unitech currently has over 100 ongoing projects, totalling an area of 38.41 million sq ft. Its net debt stood at Rs 5,900 crore at the [...]]]></description>
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