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Parsvnath launches Parsvnath Pratishtha in Pune

Parsvnath expands its footprints in Maharashtra

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Announcement Corporate
Last Updated : Sep 04 2014 | 6:13 PM IST

Parsvnath Developers Limited (PDL), India’s leading Real Estate Company with pan India presence having diversified portfolio, has announced the launch of Parsvnath Pratishtha, a Group Housing project at Pune.

The Project Parsvnath Pratishtha, strategically located at Pimpri Chinchwad, is just 10 kms away from the Mumbai-Pune expressway and 25Kms from the upcoming New International Airport at Chakan. The project, situated amidst a major industrial hub, is surrounded by a number of large multinational companies. Further, considering Chakan as a place of strategic importance many companies are setting up their base there. For instance, Dow Chemical is setting up its state of the art R&D centre. The project not only offers our customers a good place to reside but also gives them the opportunity to be a part of companies of global repute. The construction for the project has already started after performing the Bhoomi Pujan and is scheduled to be completed by 2010.

“Presence of educational institutes, universities, IT and major automobile companies has resulted in influx of population in Pune. This increase in population has lead to burgeoning demand for qualitative residential properties in close vicinity of their work places. Through our maiden residential project in the city we have tried to address the needs of the people by providing quality construction with safest specifications to safeguard against natural calamities.Parsvnath Pratishtha apart from other state of the art facilities offers earthquake resistant RCC framed structure with brick-filler walls and making it one of the safest houses to reside in.”, said Mr. Pradeep Jain, Parsvnath Developers Limited.

Parsvnath Pratishtha spread over an area of approx. 11, 000 sq mtr. is having a built up area of approx. 1.23 lac sq.ft. The project comprising of 96 apartments having basement parking plus four floors would be equipped with two and three BHK apartments with an offering of forty eight houses each for two and three BHK apartments with a lucrative price tag of approx. 30 lacs and 42 lacs respectively.

Currently, Parsvnath’s ongoing project in Mahrashtra includes development of BEST bus depot near the Bandra Kurla Complex in Mumbai and a 370 acre notified Pharmaceutical SEZ in Nanded.

About Parsvnath Developers Limited:-
Parsvnath Developers is noted for its rapid pan India spread. It is the fastest growing real estate group in India. Parsvnath Developers is amongst the largest listed real estate companies in India. As of today, company is developing 114 mega projects spanning 211.32 million square feet in 51 cities and 18 states. For the year ended March 31, 2008, Parsvnath Developers Ltd. recorded consolidated revenues of Rs 1837.12 crore and net profit of Rs 424.39 crore. For more details please visit www.parsvnath.com

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First Published: Sep 30 2008 | 12:00 AM IST

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