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Nimbus Projects (BOM:511714) Cash Receipts from Deposits by Banks and Customers


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What is Nimbus Projects Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Nimbus Projects Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nimbus Projects Ltd (BOM:511714) » Definitions » Cash Receipts from Deposits by Banks and Customers
Traded in Other Exchanges
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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.