Debt of Parsvnath Developers
Parsvnath Developer’s chairman Pradeep Jain has got a strategy to raise funds for his company by either selling the land parcels of Rs 1,000 crore in South and West India or form joint ventures with local builders for development. They are looking for bidders for the land parcels they own in southern and western part [...] Continue Reading »
Parsvnath Developers, a known name in the realty market is to raise Rs 700-800 crore to clear its debt which stands at around Rs 1,200 crore. The group will sell its 1.2-acre Kasturba Gandhi Marg plot located near Connaught Place. The property consists of a bungalow and has been termed as commercial space which will [...] Continue Reading »
