Supertech raises Rs 400cr from Xander for realty projects
The company will develop plots, villas and independent homes in the 140-acre township at an investment of about Rs 1,100 crore.
Housing schemes, price movements, developer results and policy updates — curated for buyers tracking the Gurgaon and Delhi-NCR market.
The company will develop plots, villas and independent homes in the 140-acre township at an investment of about Rs 1,100 crore.
The company is expecting an annual rental income of Rs 200 crore from Mall of India in Noida, sources said.
DLF, which reported 29% fall in net profit, said that of the total, Rs 240 crore of rise in debt is attributed to capex, land.
DLF raised Rs 240 crore in the first quarter of 2014-15 fiscal through sale of non-core assets.
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