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Home > Forum > Delhi > Other > Real estate firms' debt clearance

Real estate firms' debt clearance

Q: The real estate firms are bearing a huge debt amount. What will they do to reduce the debt amount?

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Replies (5)
1
It's a prime location in Delhi. So once the land is sold out, we can expect few more good projects in this location.
kuntal_gupta81


2
It has planned to sell the 1.18 acre CBD land area in Delhi. The buyer is not yet confirmed.
Sayanthan


3
Hi Sayanthan, do you know which land it is selling and to whom?
amit


4
The Parsvnath Developers has a debt of Rs. 1250 crore. So it has planned to reduce its debt by selling some of its land parcels.
Sayanthan


5
Hi Amit, most of the builders are planning to sell their non core properties to reduce the debt amount.
krishnendu1987


6

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