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real estate major

Real estate majors sell off non-core assets to reduce debt burden

Real estate majors sell off non-core assets to reduce debt burden
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 »

IT searches Hiranandani group in Mumbai, other places

IT searches Hiranandani group in Mumbai, other places
Searches were conducted at 20 locations of real estate major Hiranandani group in Mumbai and other cities by the Income Tax department in connection with alleged tax evasion. People from the Income Tax department who are aware of the developments are saying that the simultaneous searches had been conducted at many locations of the group [...] Continue Reading »



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