September 29, 2009 – 5:38 pm
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 in its Preliminary Placement Document filing on the NSE. The company’s Chairman, Mr Pradeep Jain, was not available for comments, […]
October 17, 2008 – 5:31 am
Real estate firm Parsvnath Developers on Friday said it has bagged an Rs 29.5-crore order from Delhi Metro Rail Corporation for constructing station box at the upcoming Dhaula Kuan metro station. “Parsvnath is proud to strengthen its association with DMRC through the construction of station box at Dhaula Kuan. The project reinforces the confidence of […]
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Also tagged Company Chairman, Connaught Place, Delhi Metro Rail, Delhi Metro Rail Corporation, developers, Dhaula Kuan, Dmrc, Metro Stations, Pradeep Jain, Real Estate Firm, Realty Firm, Shopping Malls
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October 15, 2008 – 12:05 am
Leading real estate players are optimistic about the RBI’s move to cut CRR and believe that this will help the flow of funds in the realty sector, enabling faster execution of projects. The CRR cut can also influence the boost of the realty market, provided there is a decrease in interest loans. Mr. Pradeep Jain, […]
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Also tagged Crr, Inflation, Interest Loan, Interest Loans, Leading Real Estate, Liquidity, Omaxe, Pradeep Jain, Rbi., Real Estate, Realty Market, Rohtas, Slr, Vipul
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September 30, 2008 – 1:32 am
Major real estate players including DLF, Unitech, Parsvnath and Omaxe appear to have taken a sharp hit with the slowdown in the economy as their advance tax payments have fallen sharply. Faced with lower sales and liquidity crunch, DLF hasn’t paid any advance tax in September of this financial year, compared to Rs 37 crore […]
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Also tagged Ansal Properties, Baliga, Current Market, Dlf, Goel, Hdil, Industry Executive, Liquidity, Market Scenario, Previous Announcement, Real Estate Sector, Realty Firms, Rohtas, Scrip, Share Buyback, Slowdown, Stock Broking, Tax Payments, Unitech
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Chandigarh real estate is witnessing testing times. On one hand, there are more investments pouring in the segment and on the other side property buyers and sellers are not very enthusiastic about property transactions.
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Also tagged Buyers And Sellers, Chadigarh, Economic Recession, Home Seekers, Land Assets, Market Sources, Nano, Property Brokers, Property Sellers, Property Transactions, Real Estate Values, Recent Developments, Residential project, S Real Estate, Sabeer Bhatia, Segment, Stagnation, Stake, Suburban Areas, Temporary Phase
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Real estate developer Parsvnath on 15th July tied up with Sabeer Bhatia, co-founder of Hotmail, to develop a Rs 50,000-crore knowledge city project in Haryana. The Parsvnath Nano City project would come up in Panchkula near Chandigarh. The realty firm would invest about Rs 400 crore in the form of equity and debt in the […]
Leading real estate players together with DLF, Parsvnath, Omaxe, TDI, Ansals and Unitech have shown interest in joining hands with the Punjab government in its bid to provide ‘reasonable houses costing not more than One lakh rupees each’ in the state. Real estate and infrastructure players who attended a conference with Punjab chief minister Parkash […]
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Also tagged Ansals, Development Authorities, Housing, Housing And Urban Development, Management Members, Punjab, Punjab Government, Real Estate Company, Real Estate Developers, Unitech, Urban Planning
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According to experts, the killing in stock markets, where realty stocks have taken a beating along with the rest, may speed up the slowdown in the real estate market over the next six months. Balaji Rao, managing director, Starwood Capital India Advisers, said, “The market is already slowing as high property prices have affected sales”.
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Also tagged Credit Suisse, Debt Markets, developers, India, Omaxe, Puravankara, Real Estate Market, Realty Investors, Realty Stocks, Slowdown, Stock Markets
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