Real estate developers levies interest as a penalty, if property buyers fail to pay their instalments before the due date. The interest rate charged by builders are as high as 18 percent.
The company had posted a consolidated net loss of Rs 54.23 crore in the year-ago period, Parsvnath said in a regulatory filing.
A division bench of the Delhi High Court dismissed the RLDA plea, which had challenged a single judge bench order that upheld the arbitral award of Rs 1,034 crore in favour of the real estate major.
Parsvnath Developers' arm Parsvnath Landmark is constructing a housing project, comprising 500 units, at Civil Lines in the national capital.
Total income fell marginally to Rs 23 crore during the July-September period of this fiscal year from Rs 24 crore in the corresponding period of the previous year.
Parsvnath Rail Land Project Pvt Ltd (PRLPPL), a special purpose vehicle (SPV) created to develop this project, had gone into the arbitration process to settle the issue.
While the WHO has taken on lease about 50,700 sq ft of office space for its headquarter, Facebook India has taken 23,000 sq ft area.
The scrip of Parsvnath Developers tumbled 9.81 per cent to Rs 21.15 -- its lower circuit limit -- on BSE.
Sebi, on August 7, had asked stock exchanges to restrict trading in shares of 331 "suspected shell companies", some of which have investments by several well-known domestic and foreign investors.
Sebi defended the move even as several other firms are expected to take similar recourse and challenge the regulator's decision asking stock exchanges to restrict trading in 331 firms referred to it by the government for being "suspected shell companies".
Real estate firm Parsvnath Developers has informed the Supreme Court that it has arrived at a settlement with union minister Rajyavardan Singh Rathore, over the possession of his flat in the plush Exotica project, R
The Delhi State Consumer Disputes Redressal Commission has directed Parsvnath Developers to refund the amount, saying the firm was guilty of deficient service.
Negotiations between union minister Rajyavardhan Singh Rathore and Parsvnath Developers, regarding possession of a flat is nearing completion, a panel of lawyers told the Supreme Court on February 20, 2017. A bench headed by R
The realty firm's net loss stood at Rs 3.93 crore in the year-ago period, the company said in a regulatory filing.
Markets regulator Sebi has disposed of a complaint regarding alleged unauthorised trade executed by Edelweiss Securities on behalf of its client in Parsvnath Developers' shares in July 2012.
Vishal Malkan of malkansview.com suggests buying Reliance Communications with a target of Rs 40.
BGR Energy Systems' Q2 net profit increased by 37.5 percent at Rs 11 crore, while total income was down at Rs 827.6 crore.
Cadila Healthcare | KEC International | Crompton Greaves | Siemens | NMDC | Mandhana Industries | NALCO | India Glycols | Dredging Corporation | BGR Energy | Ashoka Buildcon and Endurance Technologies are stocks, which are in the news today.
Realty firm Parsvnath Developers Ltd today reported Rs 6.21 crore standalone net loss during the second quarter of the current fiscal.
The Supreme Court, on November 9, 2016, appointed a two-member lawyers‘ panel, to inspect the facilities at the flat of minister of state Rajyavardhan Singh Rathore in Parsvnath Developers‘ Exotica project in Gurgaon, after R
Tata Motors | Biocon | Berger Paints | GSK Pharma | GVK Power | GMR Infrastructure | Parsvnath Developers | Mphasis | Star Ferro | ESAB India | EIH | Coastal Corporation | FACT | Monsanto | TD Power | Chemfab Alkalies and Tube Investments are stocks, which are in the news today.
The Supreme Court, on October 21, 2016, directed Parsvnath Developers to hand over possession of a flat in its Gurgaon project, to minister of state for information and broadcasting, Rajyavardhan Singh Rathore, in two R