Saving-Ideas.com

Icon

Personal Finance Blog India –

Unitech Ltd Fixed Deposits


UNITECH LTD:

Unitech Limited is one of the major large scale , real estate development company.

You may aware that cash flow is very much important for real estate companies and most of the real estate companies accept public fixed deposits.

Unitech is geographically well diversified company having projects across the nation as well in the different areas – residential & commercial.

Unitech offers fixed deposit @following rate.

www.unitechgroup.com

Period(Months) Rate Of Interest Compounded monthly Maturity valueof Rs.25000
12 11.50 28032/-
24 12.00 31745/-
36 12.50 36,302/-
Note: Min application Rs. 25000/-0.5% Extra benefit for Sr. Citizens.

Depositors have both the option – Cumulative where investor will get principle and accumulated interest on maturity while in case of non-cumulative schemes interest is paid out on frequency chosen by depositor and principle on maturity.

Real estate sector is always subject to different risk factors like policy changes from Govt,Price corrections,legal matters etc so depositor should have understanding about the working of real estate companies.

Just remember that one should invest only such amount in company fixed deposits which will not as much affect the personal finance life.

What are the issues with Real Estate Companies:

The most important concern about real estate companies is that they are rich with assets but poor with cash.Such companies have assets in terms of land or unsold inventories but always cash trapped.So they can fall short paying deposit back especially when there is commitment of higher amount.So investors need to be cautious about investing in Fixed Deposits of real estate companies.

 

More details of Unitech Fixed Deposit Scheme


Advertisement:

Categories

Categories

Blog Archives

See How Much Interest Your Saving Have Generated!!!Final Value will be Original Principal + Interest generated

Blog Author

Blog Author

Who's Online

9 visitors online now
3 guests, 6 bots

Disclaimer

Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
9 visitors online now
3 guests, 6 bots, 0 members
Max visitors today: 16 at 12:54 am UTC
This month: 34 at 08-17-2017 11:17 pm UTC
This year: 56 at 02-27-2017 10:53 am UTC
All time: 363 at 09-23-2016 05:45 am UTC
Thank You For Visiting This Blog!!!