English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsWill deliver all projects in next 18-24 months: Parsvnath Developers

    Will deliver all projects in next 18-24 months: Parsvnath Developers

    Parsvnath Developers is in focus after posting a rather weak set of Q2 numbers. In an interview to CNBC-TV18, Pradeep Jain, Chairman of the company discussed the Q2 performance and gave his outlook for the future.

    CNBC-TV18
    December 04, 2017 / 14:42 IST

    Parsvnath Developers posted a rather weak set of Q2 numbers. In an interview with CNBC-TV18, Pradeep Jain, Chairman of the company discussed the Q2 performance and gave his outlook for the future.

    We own commercial properties that have a size of 1.38 million square feet, said Jain.

    He further said that the company will become debt free in the next two-three years.

    We will monetise few assets and will use the proceeds to pare debt, he added.

    Talking about projects, he said we will deliver all our projects in the next 18-24 months.

    Watch accompanying video for more details.

    CNBC-TV18
    first published: Dec 4, 2017 01:59 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347