1.  CONTINGENT LIABILITIES NOT PROVIDED FOR
 
 1.  In respect of Bank Guarantees Rs. 356.78 Crores (Rs. 347.61Crores)
 
 It includes guarantees of Rs. 6.63 Crores (Rs. 11.00 Crores) in respect
 of following Subsidiary Companies:
 
 a.  Unitech Business Parks Ltd.
 
 b.  Unitech Developers & Hotels Pvt. Ltd.
 
 c.  Unitech Realty Pvt. Ltd.
 
 d.  Unitech Reliable Projects Pvt. Ltd.
 
 e.  Unitech Real Estate Builders Ltd.
 
 II.  The company has given Corporate Guarantees of Rs. 1,281.36 Crores
 (Rs. 1,649.94 Crores) for raising loans from Financial Institutions and
 Banks by its subsidiaries, joint ventures and erstwhile subsidiaries.
 
 III.  In respect of liquidated damages and other claims by
 clients/customers not acknowledged as debts Rs. 50.74 Crores (Rs. 17.28
 Crores).
 
 IV.  Capital Commitment -
 
 a.  Investment in 1,000,000 equity shares of Rs. 10 each at a premium
 of Rs. 9,990/- per share aggregating to Rs. 1,000 Crores has been made
 in joint venture company, Shivalik Ventures Pvt. Ltd. An Amount of Rs.
 483.52 Crores has been paid against the allotment of fully paid-up
 shares.  The balance securities premium of Rs. 516.48 Crores will be
 accounted for on payment.
 
 b.  Other Commitments: Rs. 7.84 Crores
 
 2.  OVERSEAS OPERATIONS
 
 During the year under review, Company had to abandon its branch
 situated in Libya due to civil war and on-going internal conflicts. All
 employees of the Company were safely evacuated on or before 28.02.2011
 and therefore, the returns remained unaudited as on 31.03.2011. We have
 been officially informed by our contractors situated in Europe that
 they have activated the due procedure under International Trade Law for
 Force Majeure and any compensation/ estimation of amounts due by the
 Libyan government would materialize in due course of time.
 
 In view therefore, no provision has been considered towards assets
 belonging to the Company lying unattended at the branch in Libya. The
 Management is of the view that it is premature to ascertain or quantify
 loss, if any, at this stage.  The Net Investment of Rs. 46.00 Crore at
 the branch in Libya is unaudited and unconfirmed.
 
 3.  AMALGAMATION AND DEMERGER
 
 (i) A Scheme of arrangement under Section 391-394 of the Companies Act,
 1956 for the amalgamation of two wholly owned subsidiaries of the
 Company i.e. Aditya Properties Private Limited and Unitech Holdings
 Limited with the Company and for the demerger of infrastructure
 undertaking (post-merger) of Unitech Limited into its wholly owned
 subsidiary viz. Unitech Infra Limited, filed with Hon''ble High Court of
 Delhi is pending for its approval. Hence, no effect thereto has been
 given in the financial statements.
 
 (ii) Unitech Wireless Companies have entered into a scheme of
 amalgamation pursuant to which Unitech Wireless (North) Pvt. Ltd.,
 Unitech Wireless (South) Pvt. Ltd., Unitech Wireless (Kolkata) Pvt.
 Ltd., Unitech Wireless (Delhi) Pvt. Ltd., Unitech Wireless (East) Pvt.
 Ltd., Unitech Wireless (Mumbai) Pvt. Ltd., Unitech Wireless (West) Pvt.
 Ltd. and Unitech Long Distance Communication Services Pvt. Ltd.  have
 merged with Unitech Wireless (Tamilnadu) Pvt. Ltd. The said Scheme of
 Amalgamation has been approved by Hon''ble High Court of Delhi vide
 order dated 27th September, 2010 and has also been filed with the
 Registrar of Companies on 1st October, 2010.  Accordingly, there is now
 only one entity i.e Unitech Wireless (Tamilnadu) Private Limited.
 
 4.  SHARE CAPITAL & SHARE WARRANTS
 
 (i) Out of the total share capital, 1,581,587,500 fully paid Equity
 Shares of Rs. 2/- each had been issued as Bonus Shares by
 capitalization of securities premium account, general reserve and
 Profit & Loss Account.
 
 (ii) During the year, 177,500,000 Warrants were converted into equal
 number of equity shares of Rs 2/- each at a premium of Rs. 48.75 per
 share in compliance with the SEBI (Issue of Capital and Disclosure)
 Regulations, 2009 which resulted in increase in paid up capital of the
 Company by Rs. 35.50 Crores. Hence, at the end of the year, the Company
 had no warrants outstanding for conversion.
 
 5.  SECURED LOANS
 
 Nature of Security I.  Debentures
 
 - 250, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.1,000,000/- each are redeemable, at par on 15th December, 2010
 (Partly redeemed and balance outstanding is Rs.4.76 Crores)
 
 - 250, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.1,000,000/- each are redeemable, at par on 15th December, 2010.
 
 - 250, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.1,000,000/- each are redeemable, at par on 15th March, 2011.
 
 - 250, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.1,000,000/- each are redeemable, at par on 15th June, 2011.
 
 - 250, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.1,000,000/- each are redeemable, at par on 15th February, 2011.
 
 - 250, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.1,000,000/- each are redeemable, at par on 16th May, 2011.
 
 - 250, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.1,000,000/-each are redeemable, at par on 16th November, 2011.
 
 - 5,000,000, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.100/- each are redeemable, at par on 15th September, 2011.
 
 - 5,000,000, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.100/- each are redeemable, at par on 15th December, 2011.
 
 - 5,000,000, 11.00% Secured Redeemable Non-convertible Debentures of
 Rs.100/- each are redeemable, at par on 15th March, 2012.
 
 - 72, 14% Secured Redeemable Non-convertible Debentures of
 Rs.1,000,000/- each are redeemable, at par on 4th April, 2011.
 
 - 74, 14% Secured Redeemable Non-convertible Debentures of
 Rs.1,000,000/- each are redeemable, at par on or before 30th April,
 2011.
 
 The aforesaid Debentures are secured by equitable mortgage on certain
 lands of the company, its subsidiaries and promoter group companies and
 personal guarantee of Managing Director.
 
 II.  Advances against Construction Contracts of Rs. 10,085,343/- (Rs.
 10,085,343/-) are secured by Hypothecation/Mortgage of vehicles,
 machineries, material at sites and bank guarantees
 
 III.  Term Loan of Rs. 2,057,916,665/- (Rs. 2,496,666,666/-) from LIC
 Housing Finance Ltd. and Rs. 1,957,014,402/- (Rs. 2,574,369,976/-) from
 Housing Development Finance Corporation Ltd. is secured by equitable
 mortgage of certain lands of the Company and its subsidiaries & further
 secured by pledge of shares of the Company held by promoters.
 
 IV.  Term Loan of Rs. 300,000,000/- (Rs. NIL) from PNB Housing Finance
 Limited is secured by equitable mortgage of certain lands of the
 subsidiaries of the Company.
 
 V.  Term Loan of Rs. NIL (Rs. 604,451,033/-) from HDFC Asset Management
 Company Ltd. is secured by equitable mortgage of certain lands of the
 Company and its subsidiaries.
 
 VI.  Term Loan of Rs. 500,000,000/- (Rs. NIL) and other facilities in
 the form of Bill Discounting of Rs. 239,687,724/- (Rs. NIL) from SICOM
 Limited are secured by equitable mortgage of certain lands of the
 Company and its subsidiaries.
 
 VII.  Term Loan of Rs. 744,868,000/- (Rs. 1,730,000,000/-) from
 Infrastructure Development Finance Company Limited is secured by
 equitable mortgage of certain lands of the company and its subsidiaries
 and pledge of Shares of the Company held by Prakusali Investment India
 Pvt. Ltd, R. V. Techno Investments Pvt Ltd and Indus Counter trade Pvt.
 Ltd. (Promoter Companies) and Rs. 1,364,119,878/- (Rs.1,527,000,000/-)
 from Life Insurance Corporation of India is secured by equitable
 mortgage of certain lands of the Company and its subsidiaries.
 
 VIII. Term Loan of Rs. 953,407,107/- (Rs. 1,000,000,000) from
 Industrial Finance Corporation Limited is secured by equitable mortgage
 of certain lands of the company.
 
 IX.  Term Loan of Rs. 492,896,788/- (Rs. NIL) from Religare Finvest
 Limited is secured by first charge on certain lands of the subsidiaries
 of the Company.
 
 X.  Loans from Banks are secured by hypothecation of all present and
 future book debts and equitable mortgage of certain lands of the
 company and its subsidiaries.
 
 The aforesaid loans are further secured by personal guarantees of
 Executive Chairman and/or the Managing Directors.
 
 XI.  Deferred Liability against land of Rs. 1,108.66 Crores (Rs. 903.27
 Crores) represents the amount payable against land acquired from
 Government Development Authorities on installment basis and is secured
 by way of first charge on the related project land.
 
 6.  ADVANCES TO SUBSIDIARY COMPANIES FOR PURCHASE OF LAND
 
 In pursuance of real estate activities undertaken, the company has
 given advances to its wholly owned subsidiaries for purchase of land.
 The said lands are being developed by the company as per Memorandum of
 Understanding executed between the parties.
 
 7.  ACCOUNTING OF REAL ESTATE PROJECTS UNDERTAKEN UP TO 31st MARCH,
 2004
 
 The actual receipts and installments due of Rs. 179,150,564/- (Rs.
 231,148,045/-) for the year from booking of plots/constructed
 properties in real estate on projects has been credited to revenue as
 sales. Against this after ascertaining profits on estimate basis as per
 accounting policy No. 10(a)(i) the balance of 80% is adjusted in
 revenue accounts. The final adjustment of Profit/ Loss is being made on
 completion of respective project(s).
 
 8.  ACCOUNTING OF PROJECTS WITH CO-DEVELOPER
 
 The Company is developing certain projects jointly with Pioneer Urban
 Infrastructure Limited and its other group companies. All the
 development expenses and sale proceeds booked during the year are
 transferred to the co-developer at the year end in proportion to share
 of actual land pooled by each developer.
 
 9.  PAYMENT TO AUDITORS
 
 Statutory audit fee includes payment of Rs. 432,720/- (Rs. 370,920/-)
 to Foreign Branch Auditors.
 
 10. INVESTMENTS
 
 a) In line with Accounting Policy No.7, no provision has been made
 towards diminution in value of long term investments where the decline
 is temporary in nature.
 
 c) Investments in Shares of subsidiary companies amounting to Rs.
 4,418,460,051/- (Rs. 5,335,000,000/-) have been pledged as collateral
 security for raising loans by the Company, subsidiaries and its joint
 ventures.
 
 11. PROJECT IN PROGRESS
 
 Advances against projects pending commencement amounting to Rs. 724.00
 Crores (Rs. 494.47 Crores) under the head project in progress includes
 advances for land though unsecured are considered good as the advances
 have been given based on arrangements/ memorandum of understanding
 executed by the Company with the seller or intermediary for obtaining
 clear and marketable title.
 
 12. ADVANCES RECOVERABLE
 
 Balances grouped under Advances Recoverable in cash or in kind or value
 to be received Rs 1,586.07 Crores (Rs.1,721.95 Crores) are subject to
 confirmation from respective parties, though unsecured are considered
 good by the management.
 
 13. SUNDRY CREDITORS (DUE TO MICRO, SMALL AND MEDIUM SCALE ENTERPRISES)
 
 As per information available with the company, the sundry creditors do
 not include any amount due to Micro, Small and Medium Enterprises
 registered under ''The Micro, Small and Medium Enterprises Development
 Act'' as at 31st March, 2011.
 
 c) In accordance with Accounting Standard 22, the Company has
 recognised in its Profit & Loss Account a sum of Rs. 19,080,238/- as
 Deferred Tax Assets (Net) for the Year.
 
 (ii) The Company had entered in earlier years into a Joint Venture with
 L. G. Construction Co. Limited for executing the World Bank aided
 project in the State of Haryana in terms of a Joint Venture Agreement
 of 8th December, 1994 sharing profit/loss in the ratio of 51:49. The
 Income & expenditure of 51% of the Joint Venture has been taken in the
 accounts of the Company.
 
 14. LEASED ASSETS:
 
 (a) The Company has taken cars/ office equipments on operating lease
 basis. The lease rentals are payable by the Company on a monthly basis.
 
 15. BENEFITS TO EMPLOYEES:
 
 As per Accounting Standard 15 Employee Benefits, the disclosures of
 Employee benefits as defined in the Accounting Standard are given
 below:
 
 B.  Deferred Benefit Plans
 
 The Cost of providing gratuity and long term leave encashment are
 determined using the projected unit credit method on the base of
 Actuarial valuation techniques.
 
 The following tables summarize the component of net benefit expense in
 respect of gratuity recognized in the Profit and Loss Account as per
 actuarial valuation as on 31st March, 2011.
 
 16. RELATED PARTY DISCLOSURES 
 
 (i) Related parties are classified as:
 
 Wholly owned Subsidiaries:
 
 Abohar Builders Pvt. Ltd.
 
 Aditya Properties Pvt. Ltd.
 
 Agmon Builders Pvt. Ltd.
 
 Agmon Projects Pvt. Ltd.
 
 Akola Properties Ltd.
 
 Algoa Properties Pvt. Ltd.
 
 Alice Builders Pvt. Ltd.
 
 Alkosi Ltd.
 
 Aller Properties Pvt. Ltd.
 
 Alor Golf Course Pvt. Ltd.
 
 Alor Maintenance Pvt. Ltd.
 
 Alor Projects Pvt. Ltd.
 
 Alor Recreation Pvt. Ltd.
 
 Amarprem Estates Pvt. Ltd.
 
 Amur Developers Pvt. Ltd.
 
 Andes Estates Pvt. Ltd.
 
 Andros Properties Pvt. Ltd.
 
 Angers Properties Ltd.
 
 Angul Properties Pvt. Ltd.
 
 Arahan Properties Pvt. Ltd.
 
 Arcadia Build- Tech Limited
 
 Arcadia Projects Pvt. Ltd.
 
 Ardent Build-Tech Limited
 
 Askot Builders Pvt. Ltd.
 
 Avens Properties Pvt. Ltd.
 
 Avril Properties Pvt. Ltd.
 
 Azores Properties Ltd.
 
 Bageris Ltd.
 
 Bengal Unitech Universal Siliguri Projects Ltd.
 
 Bengal Unitech Universal Townscape Ltd.
 
 Bolemat Ltd.
 
 Boracim Limited
 
 Broomfield Builders Pvt. Ltd.
 
 Broomfield Developers Pvt. Ltd.
 
 Brucosa Ltd.
 
 Burley Holding Ltd.
 
 Cape Developers Pvt. Ltd.
 
 Cardus Projects Pvt. Ltd.
 
 Cardus Properties Pvt. Ltd.
 
 Clarence Projects Pvt. Ltd.
 
 Clover Projects Pvt. Ltd.
 
 Coleus Developers Pvt.Ltd.
 
 Colossal Infra-Developers Pvt. Ltd.
 
 Colossal Projects Pvt. Ltd.
 
 Comegenic Ltd.
 
 Comfrey Developers Pvt. Ltd.
 
 Cordia Projects Pvt. Ltd.
 
 Crimson Developers Pvt. Ltd.
 
 Croton Developers Pvt. ltd.
 
 Crowbel Limited
 
 Cynara Airlines Pvt. Ltd.
 
 Dantas Properties Pvt. Ltd.
 
 Deoria Estates Pvt. Ltd.
 
 Deoria Properties Limited
 
 Deoria Realty Pvt. Ltd.
 
 Devoke Developers Pvt. Ltd
 
 Dhauladhar Projects Pvt. Ltd.
 
 Dhauladhar Properties Pvt. Ltd.
 
 Dhruva Realty Projects Ltd.
 
 Dibang Properties Pvt. Ltd.
 
 Drass Projects Pvt. Ltd.
 
 Edward Developers Pvt Ltd.
 
 Edward Properties Pvt. Ltd.
 
 Elbe Builders Pvt. Ltd.
 
 Elbrus Developers Pvt. Ltd.
 
 Elbrus Properties Pvt. Ltd.
 
 Empecom Corporation
 
 Erebus Projects Pvt. Ltd.
 
 Erica Projects Pvt. Ltd.
 
 Erode Projects Pvt. Ltd.
 
 Falcon Projects Pvt. Ltd.
 
 Fastnet Holdings Ltd.
 
 Ficus Projects Pvt. Ltd.
 
 Firisa Holdings Ltd.
 
 Flores Projects Pvt. Ltd.
 
 Flores Properties Ltd.
 
 Gibson Developers Pvt. Ltd.
 
 Girnar Infrastructures Pvt. Ltd.
 
 Global Perspectives Ltd.
 
 Gordon Developers Pvt. Ltd.
 
 Gordon Projects Pvt. Ltd.
 
 Gramhuge Holdings Ltd.
 
 Greenwood Projects Pvt. Ltd.
 
 Gretemia Holdings Ltd.
 
 Halley Developers Pvt. Ltd.
 
 Halley Projects Pvt. Ltd.
 
 Hanak Developers Pvt Ltd
 
 Harsil Builders Pvt. Ltd.
 
 Harsil Properties Pvt. Ltd.
 
 Hassan Properties Pvt. Ltd.
 
 Hatsar Estates Pvt. Ltd.
 
 Havelock Estates Pvt. Ltd.
 
 Havelock Investments Ltd.
 
 Havelock Realtors Ltd.
 
 Havelock Schools Ltd.
 
 Helmand Projects Pvt. Ltd.
 
 High Strength Infra-Developers Pvt. Ltd.
 
 High Strength Projects Pvt. Ltd.
 
 High Vision Healthcare Pvt. Ltd.
 
 Impactlan Ltd.
 
 Insecond Limited
 
 Jalore Properties Pvt Ltd
 
 Jorhat Properties Pvt. Ltd.
 
 Konar Developers Pvt. Ltd.
 
 Kortel Ltd.
 
 Koshi Builders Pvt. Ltd.
 
 Landscape Builders Ltd.
 
 Lavender Builders Pvt. Ltd.
 
 Lavender Developers Pvt. Ltd.
 
 Lavender Infra-Developers Pvt. Ltd.
 
 Lavender Projects Pvt. Ltd.
 
 Mahoba Builders Pvt. Ltd.
 
 Mahoba Schools Ltd.
 
 Malva Realtors Pvt. Ltd.
 
 Manas Realty Projects Pvt. Ltd.
 
 Mandarin Developers Pvt. Ltd.
 
 Mandarin Projects Pvt. Ltd.
 
 Mangrove Projects Private Limited
 
 Mansar Properties Pvt. Ltd.
 
 Marine Builders Pvt. Ltd.
 
 Masla Builders Pvt. Ltd.
 
 Mayurdhwaj Projects Pvt. Ltd.
 
 Medlar Developers Pvt. Ltd.
 
 MHW Hospitality Limited
 
 Miraj Builders Pvt Ltd
 
 Moore Builders Pvt. Ltd.
 
 Moore Developers Pvt. Ltd.
 
 Mount Everest Projects Pvt. Ltd.
 
 Munros Projects Pvt. Ltd.
 
 Nectrus Ltd.
 
 Neil Schools Ltd.
 
 Nene Properties Pvt. Ltd.
 
 New India Construction Co. Ltd.
 
 Niger Projects Pvt. Ltd.
 
 Nirvana Real Estate Projects Ltd.
 
 Nuwell Ltd.
 
 Ojos Developers Pvt. Ltd.
 
 Onega Properties Pvt. Ltd.
 
 Panchganga Projects Ltd.
 
 Panicum Projects Pvt. Ltd.
 
 Parsley Developers Pvt. Ltd.
 
 Plassey Builders Pvt. Ltd.
 
 Plassey Developers Pvt. Ltd.
 
 Prasunder Estates Pvt. Ltd.
 
 Primrose Developers Pvt. Ltd.
 
 Privet Developers Pvt. Ltd.
 
 Puma Developers Pvt. Ltd.
 
 Purus Projects Pvt. Ltd.
 
 Purus Properties Pvt. Ltd.
 
 Quadrangle Estates Pvt. Ltd.
 
 Reglina Holdings Ltd.
 
 Rhine Infrastructures Pvt. Ltd.
 
 Richmond Infrastructures Pvt. Ltd.
 
 Risster Holdings Ltd.
 
 Robinia Developers Pvt. Ltd.
 
 Ruhi Construction Co. Ltd.
 
 Sabarmati Projects Pvt. Ltd.
 
 Samay Properties Pvt. Ltd.
 
 Samus Properties Pvt. Ltd.
 
 Sangla Properties Pvt. Ltd.
 
 Sankoo Builders Pvt. Ltd.
 
 Sankoo Developers Pvt. Ltd.
 
 Sanyog Builders Ltd.
 
 Sanyog Properties Pvt. Ltd.
 
 Sarnath Realtors Ltd.
 
 Serveia Holdings Ltd.
 
 Seyram Ltd.
 
 Shrishti Buildwell Pvt. Ltd.
 
 Sibia Builders Pvt. Ltd.
 
 Simpson Estates Pvt. Ltd.
 
 Sironi Properties Pvt. Ltd.
 
 Sirur Developers Pvt. Ltd.
 
 Somerville Developers Ltd.
 
 Spanwave Services Ltd.
 
 Speciality Builders & Exporters Pvt. Ltd.
 
 Sublime Developers Pvt. Ltd.
 
 Sublime Properties Pvt. Ltd.
 
 Supernal Corrugation (India) Ltd.
 
 Surfware Consultants Ltd.
 
 Suru Properties Pvt. Ltd.
 
 Tabas Estates Pvt. Ltd.
 
 Technosolid Limited
 
 Transdula Limited
 
 Uni Homes Pvt. Ltd.
 
 Unitech Acorus Projects Pvt. Ltd.
 
 Unitech Agra Hi-Tech Township Ltd.
 
 Unitech Alice Projects Pvt. Ltd.
 
 Unitech Ardent Projects Pvt. Ltd.
 
 Unitech Broadband Ltd.
 
 Unitech Broadcast Ltd.
 
 Unitech Build-Con Pvt. Ltd.
 
 Unitech Builders & Projects Limited
 
 Unitech Builders Ltd.
 
 Unitech Buildwell Pvt. Ltd
 
 Unitech Business Parks Ltd.
 
 Unitech Capital Pvt. Ltd.
 
 Unitech Colossal Projects Pvt. Ltd.
 
 Unitech Commercial & Residential
 
 Developers Pvt. Ltd.
 
 Unitech Commercial & Residential
 
 Projects Pvt. Ltd.
 
 Unitech Country Club Ltd.
 
 Unitech Cynara Projects Pvt. Ltd.
 
 Unitech Developers & Hotels Pvt. Ltd.
 
 Unitech Entertainment Pvt. Ltd.
 
 Unitech Global Ltd.
 
 Unitech Haryana SEZ Ltd.
 
 Unitech Hi- Tech Builders Pvt. Ltd.
 
 Unitech Hi-Tech Infrastructures Pvt. Ltd.
 
 Unitech Hi-Tech Projects Pvt. Ltd.
 
 Unitech Hi-Tech Realtors Pvt. Ltd.
 
 Unitech High Vision Projects Ltd.
 
 Unitech Holdings Ltd.
 
 Unitech Hospitality Ltd.
 
 Unitech Hotel Services Pvt. Ltd.
 
 Unitech Hotels & Projects Ltd.
 
 Unitech Hotels Ltd.
 
 Unitech Industries & Estates Pvt. Ltd.
 
 Unitech Industries Ltd.
 
 Unitech Infra Ltd.
 
 Unitech Infra-Developers Ltd.
 
 Unitech Infra-Projects Pvt. Ltd.
 
 Unitech Infra-Properties Ltd.
 
 Unitech Karma Hotels Pvt Ltd
 
 Unitech Kochi SEZ Ltd.
 
 Unitech Konar Projects Pvt. Ltd.
 
 Unitech Landmark Builders Pvt. Ltd.
 
 Unitech Landscape Projects Pvt. Ltd.
 
 Unitech Malls Ltd.
 
 Unitech Manas Projects Pvt. Ltd.
 
 Unitech Miraj Projects Pvt. Ltd.
 
 Unitech Nelson Projects Pvt. Ltd.
 
 Unitech Office Fund Trustee Pte. Ltd.
 
 Unitech Overseas Ltd.
 
 Unitech Overseas Projects Ltd.
 
 Unitech Power Distribution Pvt. Ltd.
 
 Unitech Power Projects Private Limited
 
 Unitech Power Pvt. Ltd.
 
 Unitech Power Transmission Ltd.
 
 Unitech Property Management Pvt. Ltd.
 
 Unitech Real Estate Builders Ltd.
 
 Unitech Real Estate Developers Limited
 
 Unitech Real Estate Management Pvt. Ltd.
 
 Unitech Real Tech Developers Pvt. Ltd.
 
 Unitech Real-Tech Properties Ltd.
 
 Unitech Realty Builders Pvt. Ltd.
 
 Unitech Realty Constructions Pvt. Ltd.
 
 Unitech Realty Developers Ltd.
 
 Unitech Realty Estates Pvt. Ltd.
 
 Unitech Realty Pvt. Ltd.
 
 Unitech Realty Solutions Pvt. Ltd.
 
 Unitech Realty Ventures Ltd
 
 Unitech Reliable Projects Pvt. Ltd
 
 Unitech Residential Resorts Ltd.
 
 Unitech Samus Projects Pvt. Ltd.
 
 Unitech Scotia Realtors Pvt. Ltd.
 
 Unitech Simpson Projects Pvt. Ltd.
 
 Unitech Telecom Holdings Ltd.
 
 Unitech Universal Developers Pvt. Ltd.
 
 Unitech Universal Falcon Hotels Pvt. Ltd.
 
 Unitech Universal Hotels Pvt. Ltd.
 
 Unitech Universal Simpson Hotels Pvt. Ltd.
 
 Unitech Valdel Hotels Pvt. Ltd.
 
 Unitech Varanasi Hi-Tech Township Ltd.
 
 Unitech Wireless Ltd.
 
 United Techno-Con Pvt. Ltd.
 
 Vitex Properties Pvt. Ltd.
 
 Volga Realtors Pvt. Ltd.
 
 Vostok Builders Pvt. Ltd.
 
 Zanskar Builders Pvt. Ltd.
 
 Zanskar Estates Pvt. Ltd.
 
 Zanskar Projects Pvt. Ltd.
 
 Zanskar Realtors Pvt. Ltd.
 
 Zanskar Realty Pvt. Ltd.
 
 Zimuret Ltd.
 
 Other Subsidiaries :
 
 Bengal Unitech Hospitality Pvt. Ltd.
 
 Bengal Unitech Universal Infrastructure Pvt. Ltd.
 
 Bengal Universal Consultants Pvt. Ltd.
 
 Elbrus Builders Pvt. Ltd.
 
 Gurgaon Recreations Park Ltd.
 
 Havelock Properties Ltd.
 
 ILam Developers Pvt. Ltd.
 
 Kolkata International Convention Centre Ltd.
 
 Unitech Acacia Projects Pvt. Ltd.
 
 Unitech Hi-Tech Developers Ltd.
 
 Unitech Hospitality Services Ltd.
 
 Unitech Hotels Pvt. Ltd.
 
 Unitech Hyderabad Projects Ltd.
 
 Unitech Hyderabad Township Ltd.
 
 Unitech Infopark Ltd.
 
 Unitech Libya for General Contracting and Real Estate Investment
 
 Unitech Pioneer Nirvana Recreation Pvt. Ltd.
 
 Unitech Pioneer Recreation Ltd.
 
 Unitech Vizag Projects Ltd.
 
 Vectex Limited
 
 Joint Ventures :
 
 Arihant Unitech Realty Projects Ltd.
 
 Arsanovia Ltd.
 
 Elmvale Holdings Ltd.
 
 International Recreation Parks Pvt. Ltd.
 
 Kerrush Investments Ltd.
 
 MNT Buildcon Private Limited
 
 North Town Estates Pvt. Ltd.
 
 S. B. Developers Ltd.
 
 Sarvmangalam Builders & Developers Pvt. Ltd.
 
 Seaview Developers Ltd.
 
 Shantiniketan Properties Ltd.
 
 Shivalik Ventures Pvt. Ltd.
 
 SVS Buildcon Pvt. Ltd.
 
 Uni-Chand Builders Pvt. Ltd.
 
 Unitech Amusement Parks Ltd.
 
 Unitech Developers and Projects Ltd.
 
 Unitech Hi-Tech Structures Ltd.
 
 Unitech Infra-Con Ltd.
 
 Unitech LG Construction Co. Ltd. (AOP)
 
 Unitech Realty Projects Ltd.
 
 Unitech SAI Private Limited
 
 Unitech Valdel Valmark Pvt. Ltd.
 
 Unival Estates India LLP
 
 Unival Willows Estate Pvt. Ltd.
 
 Associates :
 
 Millennium Plaza Ltd.
 
 New Kolkata International Development Pvt. Ltd.
 
 Rainview Properties Pvt. Ltd.
 
 Simpson Unitech Wireless Pvt. Ltd.
 
 Unitech Shivalik Realty Ltd.
 
 Viviana Infra Developers Pvt. Ltd.
 
 Key Management Personnel & their relatives
 
 Name                Designation    Relatives Relation
 
 Mr. Ramesh Chandra  Chairman       Dr. (Mrs.) Pushpa Chandra Wife
 
 Mr. Sanjay Chandra  Managing 
                     Director       Mrs. Preeti Chandra Wife
 
 Mr. Ajay Chandra    Managing 
                     Director       Mrs. Upma Chandra Wife
 
 Group of individuals having control or significant influence over the
 Company & relatives of such individual(s)
 
 Name Designation Relatives Relation
 
 Mrs. Varsha Bahri Mother
 
 Ms. Minoti Bahri Non-Executive Director
 
 Mr. Rahul Bahri Brother
 
 Enterprises owned or significantly influenced by Key Management
 Personnel or their relatives
 
 Acorus Unitech Wireless Pvt. Ltd.
 
 Anshil Estates Pvt. Ltd.
 
 Cestos Unitech Wireless Pvt. Ltd.
 
 Colossal Properties Pvt. Ltd.
 
 Girnar Asthetics Exports Pvt. Ltd.
 
 Harsil Projects Pvt. Ltd.
 
 Mayfair Capital Pvt. Ltd.
 
 Mayfair Investments Pvt. Ltd.
 
 Prakusali Investments (India) Pvt. Ltd.
 
 Simpson Unitech Wireless Pvt. Ltd.
 
 Tulip Investments Ltd.
 
 Unitech Advisors (India) Pvt. Ltd.
 
 Unitech Energy Ventures Pvt. Ltd.
 
 Unitech Power Ventures Private Limited
 
 Enterprises owned or significantly influenced by Group of individuals
 or their relatives who have control or significance influence over the
 Company
 
 Indrus Countertrade Pvt. Ltd.
 
 R. V. Techno Investments Pvt. Ltd.
 
 a.  BUSINESS SEGMENTS : The business operations of the company comprise
 of Construction, Development of Real Estate, Consultancy and Management
 Fee.
 
 (i) The construction activities include construction of Highways,
 Roads, Powerhouses, Transmission Lines, Refineries, Hotels, Hospitals
 and various types of other buildings/ structures, in India and abroad.
 
 (ii) Real Estate development includes development of Mini Cities/
 Townships, construction of residential and commercial complexes
 including shopping malls and various types of dwelling units.
 
 (iii) Consultancy and Management Fee include overseeing of project
 execution, marketing of real estate Ventures for Associate and Joint
 Ventures.
 
 b.  GEOGRAPHICAL SEGMENTS : For the purposes of geographical
 segmentation the consolidated sales and other figures are divided into
 two segments - India & Overseas (Libya). Since the conditions
 prevailing in India are uniform, the Company''s business does not fall
 under different geographical segments as defined by AS-17 Segment
 Reporting.
 
 17.  UNCLAIMED DIVIDEND:
 
 No amount is due and outstanding as unclaimed dividend for more than
 seven year to be transferred to Investor Education & Protection Fund.
 
 18. QUANTITATIVE INFORMATION
 
 As per the legal opinion obtained by the management, the provisions of
 clause 3(ii) of Schedule VI of Part II of Companies Act, 1956 are not
 applicable to the company and as such no quantitative details are
 given.
 
 19.  EARNINGS IN FOREIGN CURRENCY
 
 Receipts in respect of overseas projects Rs.51,570,732/- (Rs.
 253,431,083/-).
 
 Note: The figures in serial no. 28 and 29 do not include the
 transactions/ expenses incurred at foreign Sites/Branch.
 
 20.  PREVIOUS YEAR FIGURES
 
 Figures in brackets are in respect of the previous year, which have
 been regrouped and rearranged wherever considered necessary.
 
 21.  SCHEDULES TO ACCOUNTS
 
 Schedules 1 to 16 forms an integral part of the Balance Sheet and
 Profit and Loss Account and are duly authenticated.