Parsvnath gets shareholders nod to raise Rs 1,000 cr via NCDs
Parsvnath gets shareholders nod to raise Rs 1,000 cr via NCDs

Realty firm Parsvnath Developers' shareholders have approved the company's special resolution to raise up to Rs 1,000 crore through private placement of non-convertible debentures (NCDs).

FIR lodged against Parsvnath, EOW probes buyers' allegation

Delhi Police has registered an FIR against realty firm Parsvnath Developers for allegedly duping buyers of crores of rupees in its housing project in Civil Lines area of North Delhi.

Supertech to invest Rs 2,400 cr to develop township at Gurgaon

Realty firm Supertech Friday said it will invest Rs 2,400 crore over the next five years to develop a township project on 140 acres land that the company has bought from Parsvnath Developers at Gurgaon in Haryana.

Parsvnath raises Rs 355 cr via pvt placement of debentures

Real Estate firm Parsvnath on Tuesday said it has raised Rs 355 crore through private placement of debentures.

Pride Asia: Parsvnath returns land, CHB gives Rs 567 crore

The curtains on much-publicised integrated township project 'Pride Asia' promoted by realty firm Parsvnath Developers in collaboration with Chandigarh Housing Board finally came down with later agreeing to refund the award money and former returning the land.

Parsvnath leases office space in CP

The company had bagged this project from Delhi Metro Rail Corporation, on a BOT (build-operate-transfer) basis in 2010.

Parsvnath sells township project in Gurgaon for about Rs 700cr

Parsvnath has also transferred its shareholding in Honey Builders Ltd, with whom the company has held joint development rights in this project to Supertech,

Parsvnath plans to raise up to Rs 1,000 cr via debentures

Realty firm Parsvnath Developers plans to raise up to Rs 1,000 crore through private placement of non-convertible debentures and is also looking at selling non-core assets to reduce debt.

Parsvnath to explore raising foreign funds as govt eases rules

The company is developing a commercial project on KG Marg near Connaught Place and a shopping mall at Rohini.

Parsvnath Developers' shares gain on land sale plans

Realty firm Parsvnath Developers Wednesday gained value in the stock market by about five percent on the back of plans for sale or development of land parcels worth Rs 1,000 crore in southern and western parts of the country.

Parsvnath plans to sell Rs 1000 cr land parcels or form JVs

Parsvnath has completed 54 projects and it is currently working on 49 projects with a total area of 72 million sq ft.

Realtors expect positive sentiment from RBI's bold policy move

Parsvnath Developers Chairman Pradeep Jain said the RBI has "acted wisely" by keeping the key rates unchanged.

Parsvnath to build township at Gurgaon-Sohna rd for Rs 1,100cr

Parsvnath Developers will invest Rs 1,100 crore over the next four years to develop a large, integrated township on Gurgaon-Sohna road.

Parsvnath eyes Rs 1,000 crore from key Delhi project

Parsvnath Developers hopes to get a realisation of Rs1,000 crore from the ‘The Parsvnath 27’ a commercial project in K G Marg in the heart of New Delhi.

Parsvnath Developers Q4 net at Rs 14.85 cr

The company had posted a net loss of Rs 27.23 crore in the year-ago period, it said in a BSE filing on Tuesday.

Parsvnath Chairman buys 2 lakh shares for over Rs 71 lakh

Shares of Parsvnath Developers on Wednesday closed 1.83 percent lower at Rs 34.90 apiece on the BSE.

Parsvnath seeks shareholders nod to raise up to Rs 1,500cr

Parsvnath Developers has sought shareholders' approval to raise up to Rs 1,500 crore through issue of equity shares or other securities to finance its projects and pare debt.

IDBI sells stake 2.30% in Parsvnath

Realty firm Parsvnath on Wednesday said IDBI Trusteeship Services Ltd has diluted its stake in the company to 13.36 percent by offloading one crore shares.

Parsvnath posts Rs 23 crore loss in Q4

Realty firm Parsvnath Developers on Wednesday reported a net loss of Rs 23 crore for the quarter ended March 31, 2012 as against a net profit of Rs 32 crore in the year-ago period on higher tax outgo.

Parsvnath shares gain over 10% on land deal buzz

Sahara Group, ICICI Bank, Bhushan Steel, Bharti Realty, Red Fort Capital and Shri Lal Mahal, among others, are reported to be in fray to buy the prime land near Connaught Place in the National Capital.