Realty major Parsvnath Developers has received the Letter of Intent (LoI) for grant of licence from director, Town and Country Planning, Chandigarh in Haryana for developing approximately 118 acres of integrated township in Sector 33 A, Rohtak, Haryana.
The project, with a realization value of around Rs 700 crore, will have approximately 4 million square feet (sq ft) of saleable area and would comprise plots, affordable homes, row houses, independent villas shopping, commercial along with school, dispensary, etc, as mentioned in its filing with the BSE.
The company has already acquired 118 acres land and intends to start the development, construction and marketing activities soon after receiving all the approvals and completing all necessary formalities of obtaining the licence.
This will be the first residential offering by the realty major in Rohtak.
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