News articles tagged Debt Reduction

Omaxe sales bookings surged by 26 pc in H1

Omaxe Ltd reports strong sales growth for the first half of the fiscal year, with a 26% increase in property sales. The firm attributes its success to higher average realization rates.

DLF eyes Rs 1000 cr via commercial mortgage

DLF plans to raise ₹1000 crore by mortgaging retail assets to reduce its ₹19,508 crore debt. This involves a new Commercial Mortgage Backed Security product, attracting investors like pension funds and insurance firms.

DLF, Oberoi Realty report surge in profits

DLF and Oberoi Realty report decline in net profit in Q2 due to slow property market and high interest rates. Both companies sold assets to reduce debt.

DLF Sells Shares to Meet SEBI’s Guidelines

DLF to raise ₹2000 Cr by selling 81 million shares through institutional placement program to reduce debt and meet SEBI's public shareholding guidelines.

DLF to raise Rs.2100 Cr via institutional placement program

DLF to raise Rs.2100 Cr via Institutional Placement Program to reduce debt and meet SEBI's 25% public shareholding norm.

Delhi Real Estate Refocused: DLF Sells Aman Hotel Shares

DLF, India's largest real estate company, plans to reinvest in Delhi's real estate market after selling its stake in Aman Resorts. This move aims to reduce debt and refocus on core business, with new projects expected within four months.

Lodha may buy DLF’s Mumbai land-sources

Lodha Group in talks to buy DLF's Mumbai plot for $500 million.

ICICI Bank and Sahara eye Parsvnath's prime land in Delhi.

Parsvnath Developers is in talks with Sahara Group and ICICI Bank to sell its 1.18-acre plot near Connaught Place, aiming to reduce its Rs 1,300 crore debt.

Godrej Properties have debt equity ratio of 0.5: 1

Godrej Properties Reduces Net Debt to Rs. 4 Billion, Achieves Comfortable Debt-Equity Ratio

DLF Plans to sell non-core assets for Raising Debt.

DLF plans to raise Rs. 2700 cr. by selling non-core assets to reduce debt by 33% this financial year.

DLF to sell stake in JV to raise fund

DLF aims to raise Rs 300-500 crore by selling its stake in a joint venture with Akruti City for a commercial project in Andheri, part of a larger debt reduction strategy.

Parsvnath seeks stake sale in projects to control debt

Parsvnath Developers eyes stake dilution to control debt amidst rising interest rates, reports 16% drop in Q1 net profit.