Tag Archives: Deepak Parekh

HDFC Funds Look At Troubled Realty Projects

September 5, 2008 – 7:34 am

Chairman Deepak Parekh said that the property funds of Housing Development Finance Corp (HDFC) and its asset management unit have more than $1 billion of available funding and will look to buy distressed real estate projects.
The funds are yet to buy any projects, but he said there could be opportunities within six months if the [...]

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Calculate Before Buying

July 5, 2008 – 6:01 am

HDFC chairman, Mr. Deepak Parekh criticized developers for not differentiating between super built-up area and carpet area of the houses that they deal. He pointed that developers mis-guide buyers by selling on the basis of super built-up area, without clearly mentioning how much is the carpet area. In Delhi, the authorities are following the recommendations [...]

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