HomeNewsBusinessEarningsIndiabulls expects lease income to increase 30-35%
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Indiabulls expects lease income to increase 30-35%

Speaking to CNBC-TV18 in an exclusive interview, Gagan Banga, CEO of Indiabulls says that more than 50% land has already been leased at Lower Parel, Mumbai. “Going forward, we expect lease income for the company to increase by 30-35%,” he says.

August 03, 2011 / 16:48 IST
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Plagued by high cost of land, debt issues and slowdown in sales, the real estate pack has been seeing sluggish growth over the quarter.

TAGS: #debt issues #high cost of land #Indiabulls #interest rate #lower and mid-segment #premium market #project execution #real estate pack #Results Boardroom
first published: Aug 3, 2011 11:58 am

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