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Parsvnath Developers gets occupation certificate of Parsvnath Panorama

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Announcement Corporate
Last Updated : Jan 20 2013 | 1:37 AM IST

Realized Rs 122 crore from the project

Parsvnath Developers Limited (PDL), India’s leading integrated infrastructure developer with pan India presence having a diversified portfolio announced the receiving of occupation certificate for one of its Luxury Project “Parsvnath Panorama” in Greater Noida, from Greater Noida Industrial Development Authority.

Parsvnath Panorama has total 246 units with an approximate area of 7 lac sq ft and it is ideally located at Kachnar Estate, Greater Noida, just 35 minutes drive from Connaught Place. The project has been designed by the world reputed Architect Hafeez Contractor. The structure of ‘Parsvnath Panorama’ is Earthquake resistant.

Commenting on the completion of the project, Mr. Pradeep Jain, Chairman, rsvnath Developers Limited, said, “Continuing our strategy of faster completion of projects and handing over the possession, we are proud to confirm the receipt of occupation certificate of our luxury project and we shall soon be starting the process of handing over the possession. It’s our constant endeavor to provide world class living with quality construction and timely execution. It is pertinent to note that this is our fifth projected that has been completed in Greater Noida and we are on fast track completion of two more projects. We have realized approximately Rs 122 crore from the Parsvnath Panorama project”.

These 3 & 4 bedroom apartments have 2 units in each floor and 2 lifts in each tower, with 100% power back-up facility. Panorama homes speak of the scientific space management with wide open front & rear balconies that will spellbind you with a panoramic view of Mother Nature.

Real estate in Greater Noida is amplifying at a good pace in wake of its growing importance as a realty destination around Delhi. An eight-lane Taj Expressway from Greater Noida to Agra via Jewar, Taj Special Economic Zone, Taj International Airport, Night Safari and Formula 1 Racing Track is proposed and expected to come soon which is why Greater Noida is evolving as one of the most sought real estate destination in NCR region.

“At present the company’s focus is completely on execution and delivery and we are developing around 80 million sq feet area on fast track completion out of the total 193.98 million sq ft of saleable area. We have speed up all our projects to complete this 80 million sq feet area on quarter on quarter basis” Mr. Jain added.

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First Published: Dec 29 2010 | 4:01 PM IST

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