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Sheila Dikshit inaugurates new Metro line to Jehangirpuri

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Announcement Economy

The Honorable chief Minister, Ms. Sheila Dikshit while inaugurating the Vishwavidyalya-Azadpur-Jehangirpuri section also inaugurated the Azadpur metro station duly constructed by Parsvnath Developers Limited (PDL). This prestigious contract valued at Rs 65 crore was the first Public Private Partnership Project on BoT basis being awarded by DMRC to a private developer. Parsvnath Developers Limited completed the construction of station box within a stipulated time.

Speaking on the occasion, Mr. Pradeep Jain, Chairman, Parsvnath Developers Limited said, “We are very proud to be associated with DMRC in these prestigious infrastructure ventures in the capital city. It is my firm belief that Parsvnath would live up to the expectations in delivering quality within stipulated time frame in all future ventures. We look forward to be a part of DMRC to construct malls and station boxes as it expands its routes.”

 

PDL has also developed a Metro Mall at the Azadpur Metro station. The developed Shopping Mall located on a busy route will have an enormous footfall and would ensure a smooth shopping experience for its metro travelers. Recently, Parsvnath also bagged contracts from DMRC for construction of important Dhaula Kuan Metro Station and Common Wealth Village Site Metro Station. Parsvnath Developers Ltd. is also developing 13 Metro Malls out of which it has already completed 7 Metro Malls.

About Parsvnath Developers Limited:
Parsvnath Developers Limited (PDL) is one of India’s leading real estate developers with Pan-India presence across 50 cities and 17 states with presence across key verticals of real estate industry. The company has developable area of 209 million sq. ft. The company presently is having 81 mn. sq. ft. of area under construction out of which 43.62 mn. sq. ft. is already sold.

With a healthy track record of timely delivery of projects, the company carries on construction of the projects in-house, which adds to its capability of timely delivery and quality. PDL has a diversified portfolio of real estate development projects including Integrated Townships, Residential Projects and Commercial Complexes such as shopping malls, multiplexes, hotels, IT parks, B.O.T. Projects and SEZs. It has successfully completed 14 Residential, 12 Commercial and 7 DMRC Projects and is having a customer base of 25,069.

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First Published: Feb 03 2009 | 7:26 PM IST

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