Parsvnath Developers to invest ₹1,100cr in Gurgaon-Sohna road township, aiming ₹2,700cr revenue in 4 years.
Commercial real estate faces dwindling demand, impacting lending. Oversupply and low occupancy rates make banks cautious, impacting developers seeking funding.
Unitech seeks to restructure Rs 800-crore loan from public sector banks, amid debt burden of Rs 2,500 crore due by March '09