new delhi the countrys secondlargest real estate firm unitech plans to buy its londons aimlisted group firm unitech corporate parks ucp in a deal that may cost over rs 750 croreunitech has approached and is in discussions with the independent directors of ucp about a possible offer from the unitech group the company said in a filing to the bombay stock exchange bsethe deal is proposed to be at 31 pence per share ucp share traded at 30 pence at aim exchange up 132 over the previous day after the proposed transaction was announced unitech scrip dropped 26 to close at 824 on bse on wednesdayunitech already owns 452 in ucp while its promoters hold another 022 in it ucps top shareholders include abn amro hsbc and roveda holdingsucp was formed in late 2006 by unitech to invest in the commercial real estate sector across the country it has interests in corporate park assets in which unitech group firms act as project manager investment manager and investment adviser ucb had raised about 360 million through aim exchange in december 2006the proposed deal comes within three months of unitech announcing the demerger of its infrastructure business including telecom into a separate company unitech infra