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.

December 04, 2017 / 14:42 IST
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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.

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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.