Parsvnath Developers appoints Jones Lang LaSalle to sell 1.18 acre land

17 Apr 2012

Parsvnath Developers, the Delhi based real estate company has appointed Jones Lang LaSalle India to advise the company for the sale of 1.18 acre of land near Connaught Place in the national capital. The company’s building plans for the development and construction on the said land has already been approved by the concerned authorities.

The company is expecting to raise about Rs 700 crore from sale of this land. Besides, it would utilise the fund to cut its debt, which is at present around Rs 1,250 crore.

Parsvnath Developers is one of India’s leading real estate developers. The company has emerged as one of the most progressive and multi-faceted real estate and construction entities in the country.

Related Parsvnath Developers Ltd. Links:

Parsvnath Developers Share Price

7.50 -0.20 (-2.60%) Apr 20, 18:01
1 Year Price Chart
Company Name CMP
Dilip Buildcon 595.55
NBCC (India) 39.75
Sobha 502.90
JMC Projects (India) 76.10
Prestige Estate Proj 275.55
View more..
Sensex vs Parsvnath Developers
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323