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 tagged with: Parsvnath

Parsvnath Receives Shareholders Approval to Raise up to Rs 2,000 crore
Thursday, 29 Sep, 2011 – 20:33 | No Comment
Parsvnath Receives Shareholders Approval to Raise up to Rs 2,000 crore

Real estate developer Parsvnath today said it has received shareholders’ approval to raise up to Rs 2,000 crore through the issue of securities to qualified institutional buyers. In a filing to the Bombay Stock Exchange …

Parsvnath to Launch Township on SEZ property in Gurgaon
Saturday, 4 Jun, 2011 – 19:53 | No Comment
Parsvnath to Launch Township on SEZ property in Gurgaon

Reading a strong demand in northern India space, real-estate major Parsvnath Developers is all set to launch township on SEZ property in Gurgaon. “The company aims to sell 6-7 msf in FY12,” …

Parsvnath to cut net debt by nearly 60%
Wednesday, 19 Jan, 2011 – 18:48 | No Comment
Parsvnath to cut net debt by nearly 60%

MUMBAI: Realtor Parsvnath Developers expects to cut net debt to 7 billion rupees by December as revenues from projects start to flow in, a top official said on Monday.
“We expect the net debt …

Parsvnath to get 1 bn rupees from global PE fund
Thursday, 13 Jan, 2011 – 18:13 | No Comment
Parsvnath to get 1 bn rupees from global PE fund

Parsvnath developers ltd. said on Tuesday it has signed an agreement with SUN-Apollo India Real Estate Fund LLC …

Parsvnath raises Rs 100 cr via equity sale in Ghaziabad proj
Thursday, 13 Jan, 2011 – 16:11 | No Comment
Parsvnath raises Rs 100 cr via equity sale in Ghaziabad proj

Parsvnath developers today said it has raised Rs 100 crore by selling 49.9 per cent stake in a housing project at Ghaziabad to private equity (PE) firm Sun Apollo.
The 31-acre housing project ‘Parsvnath …

Realty firm Parsvnath Raises Rs 120 cr via Stake Sale
Wednesday, 27 Oct, 2010 – 11:28 | No Comment
Realty firm Parsvnath Raises Rs 120 cr via Stake Sale

Realty firm Parsvnath Developers has raised Rs 120 crore by selling 24.5 per cent stake in its office complex project at Connaught Place, in the national capital, to private equity firm Red …

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 …

Parsvnath overdue payments at Rs 143 crore
Wednesday, 7 Oct, 2009 – 13:49 | 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 …