Divesting real estate assets
Citrus Ventures, a realty firm comes in as a savior for the developers who failed to establish their realty projects successfully during this year, 2011.
With huge amount of uncleared debts and lack of proper cash flow have paved way for the developers to drop the construction projects halfway!
Now, Citrus Ventures has already taken over couple of incomplete projects and IDEB’s semi-finished Springville project in south Bangalore and are looking forward to cover redevelopment of assets.
Source: Live Mint
Tags:
Bangalore, Citrus Ventures, Construction projects, Developers, IDEB’s semi-finished Springville project, Incomplete projects, Lack of proper cash flow, Projects, Redevelopment of assets, South Bangalore, Uncleared debts
[...] Divesting real estate assets [...]