Binny Ltd - own property in the heart of Chennai at 1/10th the cost!

(anand) #246

This face book post from the builder claims that 1 million sq. ft has already been sold.

(anand) #247

In this announcement dated 11th Feb 2017, the management seems to indicate that they will report income upon the registration of the “Sale Agreement” (as opposed to the registration of UDS which could take years).

For the management to start reporting JV revenue shouldn’t take several years, rather it should take only a couple of quarters. Any views?

Link to the old announcement…

(anand) #248

See this link for official construction updates on the township