NCDs
Real estate firm Parsvnath Developers is apparently mulling plans to raise an amount of up to Rs. 1,000 crore via private placement of non-convertible debentures (NCDs). In addition, the company is also considering the sale of its non-core assets, so as to reduce an approximately Rs. 1,200-crore debt. In an attempt to seek the approval of the [...] Continue Reading »
Cushman & Wakefield, global property consultant, said, In the real estate sector private equity investment increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment. “Total inflows from private equity funds in the real estate sector was recorded at Rs 7,000 crore ($1.2 billion) for 2013, an [...] Continue Reading »
