Parsvnath Developers Limited is the most diversified and widespread real estate developer in India. It has 115 continuing projects with a developable area of over 191 mn sq.ft. Parsvnath Developers has been in the market for more than 20 yrs.
On Jan 02, 2008, Parsvnath Developers has declared that the Company has got LoI from Director Town and country planning Haryana to develop an IT Park project on Main Gurgaon, Sohna Road just 3 kilo meters away from Rajiv Chowk, Gurgaon. Approx Rs 650 crore is expected as a profit from this project within two financial years. The project is expected to start within three months and will be completed within 2 years. Parsvnath Developers already has one IT Park in Chennai.
On Dec 28, 2007, Parsvnath Developers Ltd has announced that the Company has achieved the completion and possession certificate from NOIDA Authority for its Group Housing project at Noida, Parsvnath Prestige for the second phase.
On Dec 27, 2007, Parsvnath Developers Ltd has declared the beginning of its premium commercial project in the city of Raipura, Punjab. The project is named as Parsvnath Highway Mall. The project is in particular designed to offer commercial space to house large format stores showcasing range of aspiration brands to customers and will have a total saleable area of approximately 2.30 lac sq. ft.
