divest non-core assets
There is a trend with the realtors which is visible for the last couple of years. Real Estate sharks like DLF and HDIL are trying to sell off their assets and pay off their debts, increase liquidity and pay less interest on debts. Bangalore-based Puravankara Projects also wants to reduce the debt burden, but by [...] Continue Reading »
According to sources, real estate developer DLF Ltd has sealed Mumbai’s NTC Mill land deal with the Lodha group on Thursday. Although no official announcement has yet been made on the deal pegged at over Rs 2,500 crore, an announcement is expected next week. The top management of the Lodha Group is believed to be [...] Continue Reading »
