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Indian Real Estate News
Parsvnath Developers plans to sell stake in housing projects: report
Source: indiainfoline.com Apr 11, 2011
The company is in talks with three- four private equity players and may seal the deal next month.

Parsvnath Developers has reportedly said that it is planning to raise up to Rs. 2bn by selling stakes in two group housing projects to private equity firms.

The company is in talks with three- four private equity players and may seal the deal next month.

The company has raised Rs. 4.10bn since 2009 by selling stakes at project level to private equity (PEs),says report.

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