Tag: Balance Sheet

Report on Godrej Properties

July 20, 2010 – 10:28 pm

Last Monday, Adi Godrej, Group Chairman of the realty developer Godrej Properties admitted that on June 30, their net debt was reduced to Rs. 4 billion. He added that the balance sheet is really comfortable with the debt equity ratio of 0.5: 1. As per the data revealed by Managing Director of Godrej Properties, Milind […]

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Parsvnath postpones its retail forays

November 6, 2008 – 6:58 am

Parsvnath Developers Ltd, the New Delhi-based real estate developer, has postponed its retail forays due to the current economic slowdown. The company, according to a senior official, would further re-evaluate the market situation to continue the initial plan. Meanwhile, the company is close to finalize the SEZ stake sale to private equity investors. Pradeep Jain, […]

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JP Morgan Will Put More Than $1Billion In Asian Market

August 6, 2008 – 5:50 am

JPMorgan, internationally well-known investment bank, considers putting in over one billion dollar in Asian property sector over the next 3 years, as Indian and Chinese real estate developers crave for more funds to finish their forthcoming projects. Property prices all across the globe, especially UAE, have been on ascendancy to the amusement of many potential […]

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