Valor Estate Ltd News
Valor Estate Q1 result: Loss narrows to Rs 13.6 crore on higher expenses
Realty firm Valor Estate Ltd has posted a consolidated net loss of Rs 13.60 crore in the first quarter of this fiscal year on higher expenses and eyes Rs 6,000 crore revenue from joint developments with L&T Realty and Lodha Group. Its net loss stood at Rs 22.54 crore in the year-ago period. Total income rose to Rs 93.12 crore in April-June period of this fiscal year from Rs 8.69 crore in the year-ago period, according to a regulatory filing on Augsut 13. The company's total expenses jumped to Rs 108.99 crore from Rs 33.06 crore. Valor Estate Ltd, formerly DB Realty Ltd, is one of the leading real estate developers in Mumbai, has an existing portfolio of 100 million square fete of real estate, and is focusing on residential and commercial developments. The company said it has "recently executed binding agreements...with L&T Realty and Lodha Group to develop 5.7 million square feet carpet area with Rs 6,000 crore potential revenue to Valor Estate". Shahid Balwa, Vice Chairman ...
 "Valor Estate Q1 result: Loss narrows to Rs 13.6 crore on higher expenses")
L&T Realty, Valor Estate to co-develop Rs 20k cr project in Mumbai's BKC
The project will feature a mix of premium housing, commercial spaces, and a five-star luxury hotel. It has a total development potential of over 7.5 million square feet
 "L&T Realty, Valor Estate to co-develop Rs 20k cr project in Mumbai's BKC")
