Tag: SEZ

Affordable housing is not more affordable for builders

The Propertywala sector appears to have found its feet with focus on affordable housing and this may reflect in the June quarter results of the companies. The move has led to higher sales for many companies, but on the other hand, it has also impacted the margins negatively. The reason being that the mid-segment housing […]

Deteriorating IT Boom Affects Real Estate

Slowdown in IT/ ITeS sectors is effecting real estate firms. Lease of office space to software and BPO firms have fallen by over 30 percent. The trend is particularly bound to affect firms like DLF and Unitech which are building several software SEZs (special economic zones) across the country. Unitech executive said that till just […]

Parsvnath Developers Spread Wings

21 January 2008, New Delhi: Parsvnath Developers has announced an investment of Rs 60,000 crore in coming five years in diversified areas such as SEZs, airports, express ways and retails business. Mr. Pradeep Jain, Chairman of Parsvnath Developers said, “We shall be bidding for upcoming airports such as Udaipur, Greater Noida, Maharashtra and other states. […]