Realty Bill may open new doors to transparent, secure home buying
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Tue, 6/12/11 – 15:41 | No Comment

For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on …

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Articles in the Parsvnath Category

RBI’s Decision Won’t Impact Housing Demand- Realtors
Sunday, 25 Apr, 2010 – 17:01 | No Comment
RBI’s Decision Won’t Impact Housing Demand- Realtors

Real estate developers said RBI’s decision to tighten the monetary policy would not have a negative impact on housing demand, as they do not foresee any increase in home loan rates. “It’s a very balanced …

Parsvnath overdue payments at Rs 143 crore
Friday, 19 Feb, 2010 – 20:31 | No Comment
Parsvnath overdue payments at Rs 143 crore

Parsvnath Developers has said its ‘overdue payments’ stood at Rs 63 crore and Rs 143 crore as on July 1 and August 31, respectively, under loan agreements and other outstanding indebtedness. The company said this …

Parsvnath Developer Records Four-Fold Growth in Consolidated Net Profit
Tuesday, 2 Feb, 2010 – 13:51 | No Comment
Parsvnath Developer Records Four-Fold Growth in Consolidated Net Profit

Realty firm Parsvnath Developers on Sunday reported a robust jump of over four-fold in consolidated net profit at Rs 24.90 crore for third quarter ended December. The city-based real estate developer had a consolidated net …

Real Estate Developer Parsvnath to Raise Rs 600 cr by Selling Stakes in Realty Projects
Thursday, 8 Oct, 2009 – 17:48 | No Comment
Real Estate Developer Parsvnath to Raise Rs 600 cr by Selling Stakes in Realty Projects

Parsvnath Developers, a Delhi-based real estate company, is in talks with various private equity funds to raise around Rs 600 crore by the end of 2009-10 by selling stakes in its projects, a key official …

Major fall in NRI bookings: Realty suffers more
Monday, 15 Dec, 2008 – 1:53 | No Comment
Major fall in NRI bookings: Realty suffers more

Recent downfall in Indian real estate has made many Non-Resident Indians (NRIs) to rethink their property investment plans in India. There has been a drop of 50-60% bookings by the NRIs over the last three months …

Parsvnath appreciates RBI’s decision
Monday, 8 Dec, 2008 – 16:19 | No Comment
Parsvnath appreciates RBI’s decision

SIDBI and NHB are being given liquidity support to the extent of Rs.7000 crore and Rs.4000 crore by RBI to provide liquidity support both SME segment as well as Housing Finance Companies (HFC). Loans have …

Realty prices have fallen by 20-40%, to fall by another 10-15%: Naredco
Friday, 21 Nov, 2008 – 16:26 | One Comment
Realty prices have fallen by 20-40%, to fall by another 10-15%: Naredco

Mr. Rohtas Goel, Chairman of Omaxe and also president of Naredco mentioned that ”Realty prices in NCR have already fallen by 20-40%. For example: Appartments selling for Rs. 5000 per sq ft in Gurgaon now cost only …

Parsvnath decides to review the situation after a while
Saturday, 8 Nov, 2008 – 14:07 | No Comment
Parsvnath decides to review the situation after a while

The economic slowdown and the depressing global financial sentiment have forced leading real estate company Parsvnath Developers to put on hold its foray into the retail sector along with a multinational company as its partner.
The …

Parsvnath Sees 400 million Rupee Revenue from Pune project
Friday, 24 Oct, 2008 – 14:35 | No Comment
Parsvnath Sees 400 million Rupee Revenue from Pune project

MUMBAI, Sept 30 – Real-estate firm Parsvnath Developers Ltd said on Tuesday it expects revenue of 400 million rupees from its just-launched group housing project at Pune in western India.
The Pimpri-Chinchwad project, with a …

Parsvnath sees 400 mln rupee revenue from Pune project
Wednesday, 15 Oct, 2008 – 11:14 | No Comment
Parsvnath sees 400 mln rupee revenue from Pune project

MUMBAI, Sept 30 – Real-estate firm Parsvnath Developers Ltd said on Tuesday it expects revenue of 400 million rupees from its just-launched group housing project at Pune in western India.
The Pimpri-Chinchwad project, with a …