Tag Archives: S Central

Realty Slowdown Delivers Late Punch To Buyers

August 21, 2008 – 5:09 am

Realty slowdown is delaying delivery of homes. Several developers have postponed execution of their housing projects as funds become scarce, demand softens and raw material prices rise. While some others are deliberately delaying projects in order to reduce supply as demand weakens.
Several projects across the country are getting delayed as developers aren’t able to generate [...]

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Parsvnath seeks stake sale in projects to control debt

July 31, 2008 – 11:07 am

Real estate firm Parsvnath Developers Ltd expects stake dilution in individual projects to help it control its debt and hold margins in a rising interest rate regime, a top official said.
The New Delhi-based developer reported a 16% drop in first quarter net profit at 712.9 million rupees. Net sales were also disappointing, up just 5% [...]

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