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Nimbus Projects (BOM:511714) Accounts Payable & Accrued Expense for Financial Companies


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Nimbus Projects Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nimbus Projects Ltd (BOM:511714) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Address
23, Barakhamba Road, 1001-1006, 10th Floor Narain Manzil, New Delhi, IND, 110001
Nimbus Projects Ltd is engaged in the construction of residential flats through Special Purpose Vehicles (SPVs) and these SPVs have been allotted plots of land on long term lease, under Builders Residential Scheme (BRS) of the New Okhla Industrial Development Authority (NOIDA), Greater Noida Industrial Development Authority (GNIDA) and Yamuna Expressway Authority (YEA). The projects developed by the company include Express Park View- I, The Hyde Park, The Golden Palms, The Express Park View II, and Nimbus The Palm Village. The company generates the majority of its revenue from the sale of residential property/plot/flat, followed by income from renting services.