Parsvnath to pay Rs 231cr for DDA plot

Parsvnath Developers has won a bid conducted by Delhi Development Authority (DDA), on December 7, 2006, for a commercial plot measuring 7,232.81 square metres.

According to a release issued by the company to the BSE today, the plot is situated at Twin District Centre, New Delhi.

"The plot, acquired at Rs 231.01 crore, will be used for building a retail/commercial/office complex," the release added.