Parsvnath consolidates its presence in Moradabad with its second residential project.
Parsvnath Developers Limited (PDL), India’s leading Real Estate Company with pan India presence having diversified portfolio has announced the launch of Parsvnath Residency a Group Housing project at Moradabad.
The Project Parsvnath Residency is strategically located in the heart of Moradabad at Ram Ganga Vihar, Phase - II which is at a distance of 7 kms from the railway station and is in close vicinity of Sonak pur stadium and Vivekanand Hospital. Parsvnath is investing approximately Rs 15 crore in the property for which construction has already started and is scheduled to be completed by end 2010.
“With an objective of bringing in luxurious living, we have announced the launch of our second residential project in Moradabad - Parsvnath Residency. I am confident this launch will reinforce the confidence of buyers wishing for a metropolitan lifestyle and will strengthen our footprints in Moradabad. It has always been our constant endeavor to bring quality construction with the best of amenities to our customers, Parsvnath Residency offers several sate of the art facilities like a luxury tower equipped with modern club & swimming pool, a modular kitchen coupled with 100 percent power back up and high speed lifts apart from other modern facilities, said Mr. Pradeep Jain, Chairman, Parsvnath Developers Limited.
Parsvnath Residency having 66311 sq. ft of saleable area, offering 34 luxurious units. The project offers three bedroom flats spread over areas of 1587 sq.ft, 1846 sq.ft. and 1906 sq.ft. It also offers limited and exclusive four and five bedroom penthouses spread over an area of 2868 sq.ft. and 3350 sq.ft. respectively. These apartments are designed to provide excellent space management and adorable amenities.
Currently, Parsvnath’s ongoing residential projects in and around Moradabad includes Parsvnath Pratibha and commercial projects includes Parsvnath Mall. Parsvnath has already completed and handed over its commercial project Parsvnath Plaza I & II in the city.
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.
