Thursday, October 18, 2007

Parsvnath City - Indore Booking Launched

Parsvnath Developers which successfully completed the booking of Megacity project Parsvnath Pride Asia just a while ago announced the launch of yet another iconic residential development Parsvnath City at Indore, sprawling over 200 acres, the township will offer multistory condominium, villas & plots for cosmopolitan community living.

The company will offer four categories of plots ranging from 1548 square feet to 3825 square feet in the first phase of launch. The entry point has been kept affordable to enable people staying at Indore opt for a modern lifestyle at attractive prices starting from Rs 8 lakh onwards.

The first gated mega township at Indore, Parsvnath City will provide a unique ergonomic environment to all its residents and will offer magnificent features & amenities in line with international standards. The project will have three group housings sprawling over approximately 9.5 lakh square feet that will epitomize sophisticated living. The township will also offer an exclusive mall cum multiplex cum hotel spread over approximately 5 lakh square feet, sports grounds and full-fledged fitness clubs.

The project is being constructed along the Rs 2100 crore IT / ITES special economic zone (SEZ) sprawling over 78 acres. The SEZ will have a built up processing area of 7.47 million sqare feet and will ensure 40,000 potential direct employments.

Parsvnath City will have a realisation value of approximately Rs 800 crores spread over the next three years. The project will be ready for occupancy within 3 years from the commencement of construction.

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