Parsvnath Developers in Jammu

Parsvnath Developers Ltd has announced a Press Release being issued relating to the launch of an Integrated Group Housing Project viz. "Parsvnath Passion" in Jammu.

Press Release:

"Parsvnath Developers Ltd, the leading real estate company in the country, is all set to come up with its maiden project in Jammu. The Company on December 20, 2007, announced the launch of residential project, Parsvnath Passion duly approved by Jammu Development Authority (JDA) in the region with an approximate realization value of over Rs 100 crore in next three years including this financial year.

Parsvnath Passion is the first integrated group housing project being developed in Jammu by a national real estate player, Situated over 11 Acres of lush greens having a saleable area of over 7 lac sq.ft, the project has 75 % of the total property area as open space for comfort and ease of its residents.

Parsvnath Passion offers eight floored high rise buildings with 480 units on offer. Offered in the price range of Rs 17 lakhs to Rs 30 lakhs, these ultra modern apartments are available in choices of 2 B/R, 3 B/R and 3 B/R with attached servant room.

Located in the periphery of the city, Parsvnath Passion is being developed in association with Mass House Building Cooperative Ltd from the region. The project comes with a 100% power back-up and a health club and a swimming pool within the complex to provide a modern and vivacious lifestyle. The project provides 24X7 security, round the clock water supply and also has the provision for piped gas supply.

Speaking on the occasion of Launch, Mr. Sanjeev Jain, Managing Director, Parsvnath Developers Ltd said, "Having a strong foothold in other North Indian States, it gives us immense pleasure to announce our arrival with first project in this unexplored State. The project will be distinct and modern in design and offerings and yet will gel with the well defined architecture and natural beauty that the region is so famous for,"

"Work has successfully begun and will be expected to take three years to finish," Mr. Sanjeev Jain added.

The locational advantage of being in the periphery of the city, Parsvnath Passion will soon emerge as a landmark construction in Jammu.