Parsvnath Developers

committed to build a better future

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Parsvnath Developers presenting Green Ville

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Parsvnath La Tropicana By Parsvnath Developers

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Parsvnath Developers Presenting Parsvnath Mall

Parsvnath Mall by Parsvnath developers is an exceptional venture situated at a prime area; Rohini in North West Delhi. It is a typical spot of fascination for various individuals from the zones like Rohini, Pitampura, Shalimar Bagh, Punjabi Bagh, Lawrence Road, Vikaspuri, and so on. With the vision of ‘building a better world’, Parsvnath Developers, one of the leading realty companies has established quality standards using state-of-the-art technologies and cost effective solutions in the real estate sector. Keeping in mind the needs and expectations of a common man, Parsvnath developers have implanted the concept of modern technologies and techniques in their ventures. Parsvnath mall  provides great scope for prospective business outlets along with its multiple diverse factors. Various unique factors like shuttling between floors and the convenience of lifts and escalators along with a spectacular ambience make Parsvnath Mall one of the most preferred places for shopping, dining and entertainment. It is a perfect place to find the most exclusive and best of global brands and the latest fashion trends.  It offers the finest and most exotic Indian cuisines and traditional dishes with a variety of multi cuisine restaurants and food joints.  The mall also offers the facilities like a multipurpose hall and club for holding meetings, workshops, seminars, get-togethers, competitive and cultural events, festival carnivals and conferences.  The additional features like swimming pool, fitness centre, sauna and Jacuzzi make Parsvnath mall the state-of-the-art project. Sprawling over a large area, the mall poses as a perfect spot for that get together or leisure strolls combined with impulsive shopping spree. It has been designed by keeping in mind the needs of people pertaining to all age groups. So whether you visit it with your family or friends, you will enjoy every moment spent here.

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Parsvnath Group wins Construction World Architect and Builder Award

Working hard comes with its own advantages. And every now and then, it is good to have that hard work gain recognition. Awards are not what we focus upon, but that doesn’t mean we don’t value them. On the contrary, we see them as a source of motivation to strive for better. This is one of those things that propel us to push the boundaries and perform. We are not talking about a sleight of hand but sheer diligence. And winning the award for Construction World Architect and Builder is another feather in our cap.  

Parsvnath Developers has been conferred with the 10th Construction World Architect and Builder Award for excellence. Started in 2006 by ASAPP Media Information Group, the awards are considered to be one of the most prestigious ones in the industry. Through these awards, the company that have excelled in its work is felicitated.

Mr. Pradeep Jain, Chairman of Parsvnath Group expressed his gratitude to construction world for this award. It was a moment of inexplicable honor for him. At the end of the day, it all comes down to the basics, serving the customer. And Parsvnath Developers have been pretty good at that. This award is a great motivation for us to work harder.

These awards recognize excellence, best practice and innovation in construction field and among all the companies in the real estate sector who demonstrate the highest level of commitment and best practices in delivering quality along with the ability to envision, innovate and execute.

Parsvnath Developers has great projects to its credit encompassing various verticals ranging from residential to commercial, hotels to IT Parks and SEZs. We lay an important emphasis on quality of the work. All the efforts in serving the consumers have paid us well.

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Parsvnath Developers Introducing Delhi’s First Shopping Mall at Inderlok

Parsvnath Developers is introducing Delhi’s First Shopping Mall at Inderlok Metro Station. This prime Metro Station will offer an exciting shopping experience. Metro train links have already proved to be lifeline of the city and expects the massive footfalls. Inderlok mall is having the prime advantage of the most enviable location. It has 500 mt. long frontages, and has easy approachability from all the directions. Inderlok Metro station is going to be the busiest metro station, which also is expecting 5 Lacs commuters by the end of 2015.

ADVANTAGES: Approx. 1,42,091 sq. ft Shopping extravaganza. Finest Architecture. Round the Clock security. Uninterrupted power & water supply. Ample Car parking space. Central Air-conditioning. New landmark of Business. Piped Music.

CATCHMENT AREAS:

Catchments/ Areas towards North of Inderlok Mall: Ashok Vihar Phase I, II, III & IV, Nimri Colony, Bharat Nagar, Sawan Park, Satyawati Nagar, Rana Pratap Bagh.

Catchments/ Areas towards East of Inderlok Mall: Shastri Nagar, Shakti Nagar, Gulabi Bagh, Shubhadra Colony, Shahzada Bagh, Sarai Rohilla.

Catchments/ Areas towards South of Inderlok Mall: Anand Parbat, Baljit Nagar, Prem Nagar, Nehru Nagar, Najafgarh Road.

Catchments/ Areas towards West of Inderlok Mall: KeshavPuram (Lawrence Road), Sukhdev Kunj, Kanhaiya Nagar, Narang Colony, Tri Nagar, Rampura, Onkar Nagar, Ganeshpura, Shanti Nagar, Lekhu Nagar.

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Parsvnath Developers Presenting Exotica

Gurgaon is one of the first integrated satellite cities in the country. The Haryana State Government’s farsightedness and alacrity in allowing private real estate companies to contribute to its growth way back in the late 1980s resulted in the city being transformed into one of the most modern cities in North India. Today, Gurgaon is home to some of the largest multinational companies in the world and is also the hottest destination for both global and Indian BPO companies. In fact, today the city is known as the BPO capital of India. Gurgaon is an example of the perfect melding of state-of-the art workspaces, modern residential complexes, and glitzy malls, multiplexes and shopping centers.

When you’ve moved into the luxurious ambience of Exotica by Parsvnath Developers. Where refinement cast its aura of style. Where life takes on a new elegance. Where you want to live every moment to the fullest.  Where you wish to hold the time. Where every corner captivates your imagination.

Located on Main Sector Road, Gurgaon, Parsvnath Developers creation Exotica offers a magnificent view of the golf course and prides itself with vicinity of premium residential projects. Tucked away in refined splendor, it nestles a grand life for you. Imagine your life at Parsvnath Exotica. Wake up to a new, gracious way to live.

The Promise Of A New Dawn You experience violet tinged clouds as you race pass the cool breeze of the morning. And you pause from jogging . . . breathe deep the early morning air amidst water bodies and bamboo groves. You witness a complex on 27 acres, of which over 84% is landscaped to emerald perfection. At the entrance, the dancing waters of fountains sparkle in a kaleidoscope of lights.

Bouquet Of Lifestyle Avenues You jog along to the happening club where your frisky tots happen to join you. They are just learning to swim in the kiddies’ pond by the international class swimming pool, buoyed up by their water wings. Later, your wife sweats it out in a strenuous work-out at the gym while you enjoy a game of golf across the road.

Cordon Bleu Chef Hungry due to stimulating excersie, you are back home for a quick snack. The inviting aroma emanating from the well-designed modern, spacious modular kitchen, is coming from the breakfast being prepared for you. A sumptuous breakfast is indeed a feed for the soul.

Canopy Of Azure Skies Through with the breakfast, you enter the balcony. The breathtaking landscaped greens, the cool breeze and a pleasant view of the water bodies, in addition to the chirping of birds while you sip your cup of tea, present a perfect picture to kick-off passion and romance in your life.

Feel pride of celebration for lifetime.

Little World Of Little Wonders Your children are oblivious of your romance. The space inside the apartment allows them a world of their own. There is ample room for them to paint, create, adore & adorn the space the way they prefer. An aura of vibrance grasps their life and they like the parity of privacy with their elders, that is distinctly creative and full of life.

The perfect ground for perfect breeding.

Park For Fun After having done enough being indoors, children’s energy entices them to set out in open. They need their own space inside and outside as well. Parsvnath Exotica offers them plenty of space, creatively decked up for their imagination to flourish. The life is full of colours and offers them adorable avenues of games, recreation and fun, with in 84% landscaped open area.

The Surety Of Perfect Security Children’s carefree life comes with a sense of security. Credible security system at Parsvnath Exotica enhances the pleasure of living in an environment with ultimate security. Vigil in the complex will ensure a carefree lifestyle. Every visitor will offer you compliments of living in such an environment and adore your privileges.

Home Hospitality The dusk has made way for the night. At home, by the crystal glinting bar, you pour out a drink for your friend and concoct a fruit punch for the ladies. Sinking into the plush sofas of the drawing room, you discuss office power play, which gives the ladies an excuse to go to the lounge to gossip.

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Parsvnath Developers' Chairman Pradeep Jain Interview Mr Pradeep Jain, Chairman of Parsvnath Developers Ltd. answers on Gurgaon's micro market drawing attraction of high end property buyers 1. Whic...

Parsvnath developers Pradeep jain

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Parsvnath Developers: Royal life awaits you at Parsvnath Royale

Parsvnath Developers Limited has been known to build architectural marvels across the length and breadth of India. Parsvnath Developers has also been known to bring dream-like houses which are well fortified with facilities and amenities for a comfortable life.

Parsvnath Royale by Parsvnath Developers, located at Panchkula, near Chandigarh is one such project which has been conceived with providing top-end specifications. They include imported marble /wooden flooring, aluminum anodized window, Jacuzzi, with shower cubicles, granite counters, piped gas line supply, permanent finished exterior, air-conditioned rooms, optimal space utilization, underground parking facility, large manicured open greens, to name a few.

Located in one of the most preferred residential sectors of Panchkula - Sector 20, Parsvnath Royale is spread over 7 acres of prime land, offers 335 3-Bedroom+Servant Quarter, upmarket, beautiful and air-conditioned apartments. The apartments are lifestyle enhancers for the owners, pushing them a notch ahead of others.

The Project is designed to have 3-side open apartments which enjoy natural light and ventilation apart from opening to the vast landscaped greens.

The Project holds within its fold a lovely club with swimming pool, indoor games, gym, outdoor games, children’s play area etc. to provide to the residents a relaxing and rejuvenating lifestyle.

This Project with timeless architecture has explicitly-built 9 towers in 7 acres and thus enjoys density advantage with better area to number of apartment’s ratio for its residents. With over 80% sold status, the Project has space to accommodate a few selected aspirants of elite lifestyle. Parsvnath Royale Panchkula is on fast track towards completion and is expected to offer possession of the Phase I in a couple of months from now.

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Parsvnath Developers "Housing for All by 2022" - National Mission for Urban Housing

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for launch of “Housing for All by 2022” aimed for urban areas with following components/options to States/Union Territories and cities:-

a) Rehabilitation of Slum Dwellers with participation of private developers using land as a resource. b) Promotion of affordable housing for weaker section through credit linked subsidy. c) Affordable housing in partnership with Public & Private sectors d) Subsidy for beneficiary-led individual house construction or enhancement.

An average central grant of ` 1 lakh per house will be available under the slum rehabilitation programme. The State Government would have flexibility in deploying this slum rehabilitation grant to any slum rehabilitation project taken for development using land as a resource for providing houses to slum dwellers. Under the Credit Linked Interest Subsidy component, interest subsidy of 6.5 percent on housing loans which can be availed up to tenure of 15 years will be provided to EWS/LIG categories, wherein the subsidy pay-out on NPV basis would be about   2.3 lakh per house for both the categories. Central assistance at the rate of 1.5 lakh per house for EWS category will be provided under the Affordable Housing in Partnership and Beneficiary-led individual house construction or enhancement. State Government or their parastatals like Housing Boards can take up project of affordable housing to avail the Central Government grant.

The scheme will be implemented as a Centrally Sponsored Scheme except for the credit linked subsidy component, which will be implemented as a Central Sector Scheme. The Mission also prescribes certain mandatory reforms for easing up the urban land market for housing to make adequate urban land available for affordable housing. Houses constructed under the mission would be allotted in the name of the female head of the households or in the joint name of the male head of the household and his wife.

The scheme will cover the entire urban area consisting of 4041 statutory towns with initial focus on 500 Class I cities and it will be implemented in three phases as follows, viz. Phase-I (April 2015 - March 2017) to cover 100 Cities to be selected from States/UTs as per their willingness; Phase - II (April 2017 - March 2019) to cover additional 200 Cities and Phase-III (April 2019 - March 2022) to cover all other remaining Cities. However, there will be flexibility in covering number of cities in various phases and inclusion of additional cities may be considered by the Ministry of Housing & Urban Poverty Alleviation in case there is demand from States and cities and have capacity to include them in earlier phases. Credit linked subsidy component of the scheme would be implemented across the country in all statutory towns from beginning.                                                                                

Dimension of the task, at present, is estimated at 2 crore. Exact number of houses, though, would depend on demand survey for which all States/Cities will undertake detailed demand assessment for assessing actual demand by integrating Aadhar number, Jan Dhan Yojana account numbers or any such identification of intended beneficiaries.

A Technology Sub-Mission would be set up to facilitate adoption of modern, innovative and green technologies and building material for faster and better construction of houses. This will also facilitate preparation and adoption of layout designs and building plans suitable for various geo-climatic zones. It will also assist States/Cities in deploying disaster resistant and environment friendly technologies.

The Technology Sub-Mission will coordinate with various regulatory and administrative bodies for mainstreaming and up scaling deployment of modern construction technologies and material in place of conventional construction. It will also coordinate with other agencies that are working in the field of green and energy efficient technologies, climate change etc.

This Technology Sub-Mission is also devised to work on the following aspects: i) Design & Planning ii) Innovative technologies & materials iii) Green buildings using natural resources and iv) Earthquake and other disaster resistant technologies and designs.

In the spirit of cooperative federalism, the Mission will provide flexibility to states for choosing the best options amongst four verticals encompassed by the Mission to meet the housing demands in their states. The process of project formulation and approval in accordance with Mission Guidelines would be left to the states, so that projects can be formulated, approved and implemented faster. The Mission will provide technical and financial support in accordance to the guidelines to the states to meet the challenge of urban housing.

The Mission will also compile best practices in terms of affordable housing policies of the States/UTs designs and technologies adopted by them with an objective to spread best practices and foster cross learning. The Mission aims to develop a virtual platform to obtain suggestions and inputs on house design, materials, technologies and other elements of urban housing.

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(via https://www.youtube.com/watch?v=TIMgRnhV17Y)

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PARSVNATH Developers PALACIA:Your path to a new dream home is only a few steps away

Parsvnath Developers Palacia Greater Noida is a modern present day project launched by the Parsvnath developers . Home is a paradise of every person where we enjoy the happiness, comfort, and appease...

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REITs likely to benefit institutional and foreign investors

A favorable tax regime has been announced on Real Estate Investment Trusts (Reits) which has led realtors to cheer. Big realtors like Parsvanth, DLF and Omax are optimistic about this reform but the analysts doubt that only rich institutional investors will benefit from this. It is difficult for retail investors to benefit due to the market’s receding conditions.

Minimum Alternate Tax (MAT) has been waved off by the Finance Minister Arun Jaitley. FM’s decision has been received with much appreciation as commercial viability of Reits was being hindered by the potential liability of MAT. This will motivate realtors to take significant steps to set up Reit.

MAT exemption has been extended to foreign companies, PE funds, debt funds and venture capitalists, besides Foreign Portfolio Investors (FPIs). The exemption helps them earn interests, fees and royalties. The technical services provided by them are currently taxed below the MAT rate which is 18.5%. MAT exemption is also applicable to capital gains earned by these foreign entities in India.

Mr. Pradeep Jain, Chairman of Parsvnath Developers, said, “Reits will mostly be beneficial to institutional and foreign investors during its initial years and retail investors would be benefitted mostly later. This owes to the fact that Reits offer a pre-tax return of up to 10%.”

There has been an inventory surplus in the real estate sector in metro cities which has led to declined sales. The realtors are facing huge debt burdens and thus the industry as a whole is facing a debt-overhang. The new reforms that have been introduced in Reits can help the developers by providing a new source of capital whereas the investors can also benefit while not actually having to buy properties.

The units in backward areas of Andhra Pradesh, West Bengal, Bihar and Telangana which have been set up after April 1 have also been granted tax breaks by the FM. 20% depreciation has been increased to 35% with respect to the actual cost of new machinery or plant (excluding aircraft and ship). This benefit can be enjoyed by machineries installed and acquired between 1 April, 2015 and 1 April, 2020 (former date included).

The reforms announced by the FM have been welcome steps and have boosted the realty sector. The industry under a slump is getting effective boosts from the FM lending it a better scope in the future.

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CLU Ban Lift Cheers Realtors

The Real Estate Sector in Delhi-NCR has been under a slump for a long period now. Offering some respite is the lift introduced on Change of Land Use (CLU). The High Court has removed the ban on issuance of CLU licenses for the developing region of Gurgaon and NCR.

Broadly speaking, CLU is an analysis about the relationship between people and land. Considering the social, political, economical and ecological world we live in, this relationship needs to be continuously monitored. The extent to which this relationship is controlled is a significant factor affecting a country’s growth.

Owing to the unregulated constructions in NCR, the HC had put a control on the state from issuing Change of Land Use licenses to any developer in January 2014. It also stopped land acquisition after hearing a petition alleging unregulated construction.

The government argued in favor of the state stating that it did not require approval of NCRPB as it had a separate sub-regional plan for the NCR area. It had been in conformity with the observations of the board.

A positive development of events led to the bench deciding that the ban on issuance of CLU licenses can be removed. The ban on acquisition of land for developing colonies in Gurgaon and adjoining areas has also been lifted.

Mr. Pradeep Jain, Chairman, Parsvnath Developers, is delighted about the lift on the ban. The step has been cheerfully welcomed by realtors as the flagging realty market is all awaited eyes for some positive reforms to come up. Though this development is remarkably positive but Mr. Jain feels that the industry needs some more boosts to come out of its slumbering state.

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La Tropicana by Parsvnath Developers: A Green World in the Middle of Delhi

La Tropicana by Parsvnath Developers is the new buzz in the real estate market. The project is to be soon launched in the greens of Civil Lines, Delhi. The project is a lavish combination of amenities which are obliged to serve you the best. With almost 4/5th of the total area devoted to a greener living, the apartments offer a natural living in the middle of the hustling bustling city.

This project comes with a dual advantage of being at the heart of Delhi and propositioning a living close to natural shades of life. La Tropicana is spread over 16.8 acres of land with a 78% cover solely dedicated to lawns, parks, landscaped greens and water bodies. The project offers resort like condominiums which serve a blissful life to their residents.

La Tropicana has a range of 3/4/5 bedroom condominiums with elaborated penthouses. The apartments are crafted with an utter taste for a spacious and grand living. The unparalleled architecture of the drawing room flaunts elegance while the exuberant dining room treats all your friends with a sit-down dinner. A cozy and grand living being served in the busy life of Delhi is what distinguishes La Tropicana from others.

The project is also bestowed with facilities of a lavish club, a spa, Jacuzzi, hi-tech gym and meditation at the cabana. The project is all set to offer you an elegant life that relaxes and rejuvenates.

It also has a three-tier security system which makes it a safe and comfortable living for you and your family. An army of vigilant guards is watchful 24*7 at the entry gate and car entry.

La Tropicana is another marvel which is being delivered by Parsvnath Developers. Adding to its attraction is its peaceful locale in the middle of a metro city, a combination hard to find.

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Purchasers' New Delight : Parsvnath Exotica (Gurgaon)

Parsvnath Developers has recently brought to abode-seekers sensual  gratification  by launching an apartment which is specially created to serve changed needs of individuals. The project has been labeled  as  Parsvnath Exotica and stands valid to its name. The project offers an  outlandish scope of conveniences to serve the constantly developing era of today.

 Located on Main Sector Road , Sector 53, Gurgaon , Parsvnath Exotica (Gurgaon) offers  heavenly perspective of the fairway and prides itself with region of premium private ventures. Concealed in refined magnificence, it settles an excellent life for you. Envision your life at Parsvnath Exotica(gurgaon) .Wake up to another, benevolent approach to live with violet tinged clouds. You witness a complex on 27 acres  of land, of which more than 84% landscape open area is arranged to emerald flawlessness. At the entrance, experience  the moving waters of wellsprings shimmer in a kaleidoscope of lights. The apartment has happening club , separate swimming pool for kids & adults, gym facilities with trainer & golf course view where one can also enjoy a game of golf.

 The venture has been sired by the soul of extravagance and luxury. The habitations enormous sumptuous spaces with intriguing Italian marble flooring. The interiors  have been created with an engineering innovativeness in Living room, Bedroom, Kitchen, Walkways, Corridor, Terrace and other practical ranges. They accompany a particular kitchen that cooks sentimental luxuries and serves in the computerized home theater. The open front room creates recollections that store themselves on the current tiles of the rooms. The condo are brought with a mix of unparalleled tints to shading the life of its occupants in the brightest shades.

 The flat likewise has a wash club and an exercise center furnished with the most recent innovative technology. For the Festive Celebrations, it has a very much loaded bar and a clubhouse for nights gave to card amusements. Other than these, it has a swimming pool encompassed by green gardens. It likewise has a helpful strip mall which serves the normal shopping and medical needs.

 The project is developed by Parsvnath Developers which is a successful real estate developer of the market. The Group is delivering excellence for over two decades in the country. With a commitment of ‘building a better world’, the Group has a presence across the country in 44 cities in 15 states. The Group made a place to the top echelons of the Indian Real Estate and Construction Industry in the year 2007.

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Buyers’ New Delight: Parsvnath Exotica

 Parsvnath Developers has recently brought to abode-seekers an apartment which is custom-crafted to serve varied needs of people. The project has been nomenclated as Parsvnath Exotica and stands true to its name. The project offers an exotic range of amenities to serve the ever-evolving generation of today.

 Located at GT Road, Ghaziabad, Parsvnath Exotica is an easy 30 minute drive from Connaught Place. With lifestyle destinations in close proximity, the project offers a range of accommodations to suit varied lifestyles. The apartment has outdoor sports facilities, a health club with sauna, a clubhouse, billiards, specialized water treatment, schools and other educational institutions.

 The project has been begotten by the spirit of luxury and extravagance. The abodes have big luxurious spaces with exotic Italian marble flooring. They have been crafted with an architectural creativity in Living room, Bedroom, Kitchen, Walkways, Corridor, Terrace and other functional areas. They come with a modular kitchen that cooks romantic delicacies and serves in the automated home theatre. The spacious living room fabricates memories that store themselves on the modern tiles of the bedrooms. The apartments are fetched with a combination of unparalleled hues to color the life of its residents in the brightest shades.

 The apartment also has a swish club and a gym equipped with the latest technology. For the festive moods, it has a well stocked bar and a clubhouse for evenings devoted to card games. Besides these, it has a swimming pool surrounded by green lawns. It also has a convenient shopping centre which serves the day to day shopping and medical needs.

 The project is developed by Parsvnath Developers which is a successful real estate developer of the market. The Group is delivering excellence for over two decades in the country. With a commitment of ‘building a better world’, the Group has a presence across the country in 44 cities in 15 states. The Group made a place to the top echelons of the Indian Real Estate and Construction Industry in the year 2007.

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Better tomorrow through Parsvnath Developers

Parsvnath Developers Limited is a multi-faceted, diversifiedand dynamic company that has steadily risen to the top echelons of the Indian real estate development and construction industry. Parsvnath is a company whose business philosophy lies in the commitment to creating architectural marvels using state of the art technology and global architectural, construction and business practices.  Parsvnath developers have its presence in over 44 cities in 15 states, and are steadfastly focused to create and build dreamscapes that transform lives and the world to a better tomorrow.

  The very foundation of Parsvnath’s corporate philosophy is to “build a better world” and they are committed to this belief. Thus all the projects of the builders come out with maximum expected level of the customers. The entire team of Parsvnath is tag lined to utilize their potential, to think and dream big, while having the necessary skills and temperament to translate those dreams into concrete reality. Their belief to create great landmarks are built by their professional team who extent the ability to gel and work cohesively in teams is the greatest advantage the builders have got.

The builders have got a wide range of association with the international brands like Sony, Raymond, Levis, John Players, Adidas, Pizza Hut, McDonald’s, Dominos Pizza, Lilliput, Cafe Coffee Day, Jockey, Kotak, Lee solly etc.

The construction of office complexes, affordable housing, luxurious, shopping malls and hypermarkets, posh hotels, futuristic multiplexes, and ultra modern IT Parks and special economic zones are taken consideration by the builders in an innovative sense which enables them to come out with the output of both art,creativity,experience professionalism, perfection and innovation in a hand to hand way. The builders are not only concentrating for their presence in home making but also have investments in private public partnership projects like railway sector,metromall etc.