Parsvnath to develop at Indore

Parsvnath Developers Ltd has announced the launch of yet another iconic residential development Parsvnath City at Indore, Sprawling over 200 acres, the township will offer multistoroy condomonium, Villas & Plots for cosmoplotian community living.

The Company will offer four categories of plots ranging from 1548 square feet to 3825 square feet in the first phase of launch. The entry point has been kept affordable to enable people staying at Indom opt for a modern lifestyle at attractive prices starting from Rs 8 Lac onwards.

The first gated Mega Township at Indore, Parsvnath City will provide a unique ergonomic environment to all its residents and will offer magnificent features & amenities in line with international standards. The project will have three Group Housings sprawling over approx 9.5 lac sq. ft. that will epitomise sophisticated living. The Township will also offer an exclusive Mall cum Multiplex cum Hotel spread over approx 5 lac sq. ft., sports grounds and full-fledged fitness clubs.

'Parsvnath City' is a strategic development offering state-of-the-art facilities, eco friendly environment and luxurious living at an affordable price. Being in the vicinity of upcoming Parsvnath IT / ITeS SEZ, Parsvnath City, "a Satellite township" is the first initiative In the region to extend a 'Walk to Work concept' and will be instrumental in bringing about a catalytical change in the realty sky of the city which is experiencing exponential development." Said Mr. Sanjeev Jain, Managing Director of the Company.

The project is being constructed along the Rs 2100 crores IT / ITeS SEZ sprawling over 78 acres. The SEZ will have a built up processing area of 7.47 million sq. ft. and will ensure 40,000 potential direct employments.

Parsvnath City will have a realisation value of approximately Rs 800 crores spread over the next three years. The project will be ready for occupancy within 3 years from the commencement of construction.