Parsvnath Developers Ltd

The Supreme Court upheld the ability of homebuyers to drag property developers into bankruptcy proceedings as several real estate firms are going bust in Asia's third-largest economy.

The Delhi State Consumer Disputes Redressal Commission also asked Parsvnath Developers Ltd to refund Rs 46,28,933 to Varun Dev, who had paid the amount for a flat in Ghaziabad.

Income from operations also rose by 23 per cent to Rs 146.47 crore in the third quarter of this fiscal from Rs 119.31 crore in the corresponding period of the previous year.

In a filing to the BSE, Parsvnath Developers has informed that "the company has entered into a transaction with Supertech Ltd, in terms of which the company has transferred the development rights held by it in the township project at Sohna Road, Gurgaon".

Parsvnath, which counts JPMorgan and U.S.-based private equity firm Red Fort Capital among its investors, plans to list the assets in India once the market regulator issues final guidelines on REITs, expected as soon as early next year.

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated January 11, 2011 titled "SUN-Apollo invests in "Parsvnath Exotica - Ghaziabad" Housing Project; Parsvnath raises INR 1,000 Million in premium residential project".

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated December 31, 2010, titled "Parsvnath Developers Ltd. receives Completion Certificate for integrated residential development at Parsvnath City, Indore"

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated December 30, 2010 titled "Parsvnath's Seelampur Metro Mall to House Carrefour's 1st Cash and Carry Store in India"

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated December 29, 2010 titled "Parsvnath Developers Ltd receives Occupation Certificate of Parsvnath Panorama, Greater Noida".

Parsvnath Developers Ltd has informed BSE that "Luba Real Estate Pvt. Ltd" has become a Subsidiary of the Company and consequently the total number of Subsidiary Companies of the Company has increased from 16 to 17. Further the Company has informed that, the name of one of the Subsidiary Companies of the Company stands changed from 'Far...

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated November 12, 2010 titled "Parsvnath Developers announces Q2 and H1 FY11 results led by sales momentum and improved execution".

Parsvnath Developers Ltd with reference to the issue of Equity shares of face value Rs. 10/- each of Parsvnath Developers Ltd. ("Equity Shares") to Qualified Institutional Buyers under Qualified Institutions Placement in terms of Chapter VIII of SEBI (Issue of Capital And Disclosure Requirements) Regulations, 2009 as amended ("the SEBI ...

Parsvnath Developers Ltd has informed BSE that subsequent to the approval accorded by the shareholders of the Company by a special resolution under Section 81(1A) and other applicable provisions of the Companies Act, 1956 by way of Postal Ballot result of which was declared on June 18, 2010, the Securities Committee has decided to open proposed iss...

Parsvnath Developers Ltd has informed BSE that the Board of Directors of the Company has fixed a Record Date as October 19, 2010 for the purpose of sub-division/ stock split of each existing Equity Share of the Company having face value of Rs. 10/- (Rupees Ten) each into 2 (Two) Equity Shares having face value of Rs. 5/- (Rupees Five) each fully pa...

Parsvnath Developers Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 24, 2010, inter alia, have accorded to the following:  1. Audited Balance Sheet or the Company as at March 31, 2010 and the Profit & Loss Account for the year ended on that date, together with the Reports of ...

The Supreme Court upheld the ability of homebuyers to drag property developers into bankruptcy proceedings as several real estate firms are going bust in Asia's third-largest economy.

The Delhi State Consumer Disputes Redressal Commission also asked Parsvnath Developers Ltd to refund Rs 46,28,933 to Varun Dev, who had paid the amount for a flat in Ghaziabad.

Income from operations also rose by 23 per cent to Rs 146.47 crore in the third quarter of this fiscal from Rs 119.31 crore in the corresponding period of the previous year.

In a filing to the BSE, Parsvnath Developers has informed that "the company has entered into a transaction with Supertech Ltd, in terms of which the company has transferred the development rights held by it in the township project at Sohna Road, Gurgaon".

Parsvnath, which counts JPMorgan and U.S.-based private equity firm Red Fort Capital among its investors, plans to list the assets in India once the market regulator issues final guidelines on REITs, expected as soon as early next year.

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated January 11, 2011 titled "SUN-Apollo invests in "Parsvnath Exotica - Ghaziabad" Housing Project; Parsvnath raises INR 1,000 Million in premium residential project".

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated December 31, 2010, titled "Parsvnath Developers Ltd. receives Completion Certificate for integrated residential development at Parsvnath City, Indore"

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated December 30, 2010 titled "Parsvnath's Seelampur Metro Mall to House Carrefour's 1st Cash and Carry Store in India"

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated December 29, 2010 titled "Parsvnath Developers Ltd receives Occupation Certificate of Parsvnath Panorama, Greater Noida".

Parsvnath Developers Ltd has informed BSE that "Luba Real Estate Pvt. Ltd" has become a Subsidiary of the Company and consequently the total number of Subsidiary Companies of the Company has increased from 16 to 17. Further the Company has informed that, the name of one of the Subsidiary Companies of the Company stands changed from 'Far...

Parsvnath Developers Ltd has informed BSE regarding a Press Release dated November 12, 2010 titled "Parsvnath Developers announces Q2 and H1 FY11 results led by sales momentum and improved execution".

Parsvnath Developers Ltd with reference to the issue of Equity shares of face value Rs. 10/- each of Parsvnath Developers Ltd. ("Equity Shares") to Qualified Institutional Buyers under Qualified Institutions Placement in terms of Chapter VIII of SEBI (Issue of Capital And Disclosure Requirements) Regulations, 2009 as amended ("the SEBI ...

Parsvnath Developers Ltd has informed BSE that subsequent to the approval accorded by the shareholders of the Company by a special resolution under Section 81(1A) and other applicable provisions of the Companies Act, 1956 by way of Postal Ballot result of which was declared on June 18, 2010, the Securities Committee has decided to open proposed iss...

Parsvnath Developers Ltd has informed BSE that the Board of Directors of the Company has fixed a Record Date as October 19, 2010 for the purpose of sub-division/ stock split of each existing Equity Share of the Company having face value of Rs. 10/- (Rupees Ten) each into 2 (Two) Equity Shares having face value of Rs. 5/- (Rupees Five) each fully pa...

Parsvnath Developers Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 24, 2010, inter alia, have accorded to the following:  1. Audited Balance Sheet or the Company as at March 31, 2010 and the Profit & Loss Account for the year ended on that date, together with the Reports of ...