What Does Unitech Limited Do?

Total employees1200
HeadquartersGurugram
Founded1971

Unitech Limited is an Indian real estate development company, established in 1971. Once a prominent player in residential, commercial, and infrastructure projects across India, the company has faced significant financial and operational challenges in recent years, leading to project delays and legal issues. In response to the crisis, the Government of India intervened in early 2020, superseding the previous board and appointing a new board of directors to oversee the company's affairs. The primary focus of the current management is on the completion of stalled projects, delivering homes to aggrieved buyers, and navigating the complex financial and legal landscape to revive the company.

Where Is Unitech Limited's Headquarters?

Unitech Limited officeUnitech Limited officeUnitech Limited officeUnitech Limited office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the central hub for corporate management, strategic decision-making, financial operations, legal affairs, and coordination of project execution across various sites under the government-appointed board.

Notable Features:

Unitech House is a well-known corporate building in Gurugram. While specific unique architectural highlights are not widely publicized, it functions as the primary operational base for the company's current management.

Work Culture:

The work culture at Unitech has been significantly reshaped following the government's intervention. The current environment is focused on crisis management, project revival, transparency, and accountability, driven by the objectives set by the new board to protect stakeholder interests, especially homebuyers.

HQ Significance:

The Gurugram headquarters is strategically important due to its location in a prime corporate district, facilitating interactions with regulatory authorities, financial institutions, legal counsels, and other key stakeholders involved in the company's resolution process.

Values Reflected in HQ: Currently, the operational ethos at the headquarters aims to reflect diligence, commitment to resolution, and adherence to governance norms under the stewardship of the government-appointed board.

Location:

Unitech Limited's primary operations and current focus are overwhelmingly concentrated in India. Historically, the company had some international ventures, including projects or subsidiaries in areas like Libya (related to power transmission) and Cyprus (often used for international financial structuring by Indian corporates). However, under the current government-led management, the strategic priority is the resolution of domestic Indian real estate projects.

Street Address:

Unitech House, L Block, South City 1

City:

Gurugram

State/Province:

Haryana

Country:

India

Where Else Does Unitech Limited Operate Around the World?

Noida, Uttar Pradesh, India

Address: Project Site Offices across various sectors (e.g., Sector 96, 97, 98, 113, 117) where Unitech projects are located.

To oversee and facilitate the development and completion of large-scale real estate projects in Noida and Greater Noida, a key market within the National Capital Region.

Kolkata, West Bengal, India

Address: Project Site Offices related to Unitech's developments (e.g., Uniworld City, Airr) in Rajarhat / New Town area.

To manage and deliver Unitech's residential and commercial projects in East India, particularly focusing on completing existing projects in the growing New Town, Rajarhat region.

Chennai, Tamil Nadu, India

Address: Site offices at project locations like Nallambakkam (for Uniworld City Chennai) and others.

To manage Unitech's real estate portfolio in South India, with a current emphasis on completing existing projects and fulfilling commitments to customers in the Chennai market.

Buying Intent Signals for Unitech Limited

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Unitech Limited? Meet the Executive Team

As of April 2025, Unitech Limited' leadership includes:

Shri Yudhvir Singh Malik, IAS (Retd.) - Chairman & Managing Director
Shri Ashok Kumar Yadav, IRSE (Retd.) - Director (Government Nominee)
Shri Jitendra Virwani - Director (Government Nominee)
Shri Girish Kumar Ahuja - Director (Government Nominee)
Shri Prabhakar Singh, Ex-DG, CPWD - Director (Government Nominee)
Dr. Anoop Kumar Mittal, Ex-CMD, NBCC - Director (Government Nominee)
Shri B Sriram, Ex-MD & CEO, IDBI Bank - Director (Government Nominee)

Who's Investing in Unitech Limited?

Unitech Limited has been backed by several prominent investors over the years, including:

Public Shareholders (Equity listed on National Stock Exchange of India - NSE, and BSE Ltd.)
Institutional Investors (Various domestic and foreign institutions holding equity or debt)
Banks and Financial Institutions (As lenders and creditors, part of the resolution process)
Homebuyers (Considered significant stakeholders, with investments in various projects)

What Leadership Changes Has Unitech Limited Seen Recently?

Hire0
Exits1

Executive changes at Unitech primarily involve the government-appointed board. In the last 12 months, the board composition saw a notable change with the resignation of a nominee director. The core leadership, headed by the CMD, continues to focus on the company's revival and project completions.

Departures

Ms. Renu Sud Karnad, Ms. Renu Sud Karnad resigned from the Board of Directors, where she served as a nominee director of HDFC Ltd., which had financial exposure to Unitech.

What Technology (Tech Stack) Is Used byUnitech Limited?

Discover the tools Unitech Limited uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Unitech Limited Email Formats and Examples

Based on common corporate practices in India, Unitech Limited's email addresses are likely to follow standard formats combining employee names with the company's domain, unitechgroup.com. Access and usage would be managed by their IT department.

[firstinitial][lastname]@unitechgroup.com or [firstname].[lastname]@unitechgroup.com

Format

jsingh@unitechgroup.com or jagdish.singh@unitechgroup.com

Example

65%

Success rate

What's the Latest News About Unitech Limited?

Deccan Herald (via PTI) • May 7, 2024

SC asks Unitech to pay Rs 50 lakh compensation to home buyer for 11-year delay

The Supreme Court directed Unitech to pay a compensation of Rs 50 lakh to a homebuyer for an 11-year delay in handing over a flat, underscoring the judicial oversight in ensuring justice for affected customers amidst the company's ongoing resolution process....more

ET Realty (The Economic Times) • April 23, 2024

Unitech gets OC for Gurgaon project; to give possession of 228 flats

Unitech announced it has received the occupation certificate (OC) for 'The Residences' residential project in Gurugram's Sector 33, paving the way for handing over possession of 228 flats to homebuyers. This marks progress in the efforts by the new government-appointed board to complete stalled projects....more

The Times of India • March 19, 2024

Renu Karnad resigns as nominee director from Unitech

Renu Sud Karnad tendered her resignation as a nominee director from the board of Unitech Ltd. Her nomination was by HDFC Ltd (now HDFC Bank), which has significant financial exposure to the debt-ridden real estate firm. The resignation was effective March 14, 2024....more

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