MoneyWorks4Me

Relstruct Buildcon to cancel MoU to purchase right for property land in Gujarat

09 Jul 2018 Evaluate

Relstruct Buildcon has received an approval to cancel the business transaction and MoU to purchase the right for property land at Billimora, Gujarat for Development of Residential Complex due to delay in approval and title defect in it. The Board has initiated the process to obtain refund of deposit given for the said project. The Board of Directors of the company at their meeting held on July 06, 2018, approved the same.

Relstruct Buildcon engaged in business activity including Development and construction of Residential and Commercial Complex, Re development and Slum Redevelopment project under Development/joint venture basis, Development of Township and affordable housing project near Metro cities.

Peers
Company Name CMP
Lodha Developers 1167.20
Prestige EstatesProj 1473.75
Dilip Buildcon 412.70
DLF 669.65
Oberoi Realty 1846.50
View more..