Parsvnath Developers Ltd arm develops Parsvnath Capital Tower in New Delhi

Parsvnath Estate Developers Private Limited (PEDPL), a wholly owned Subsidiary Company of Parsvnath Developers Limited, has developed a modern state-of-the-art office cum commercial complex of international standards - Parsvnath Capital Tower ("Project") situated on a land admeasuring 5 acres located in the heart of Delhi adjacent to Connaught Place on Bhai Veer Singh Marg, New Delhi. It has been constructed on a land allotted on lease from Delhi Metro Rail Corporation (DMRC) on BOT basis.

The said project comprises of two independent buildings with Phase - I, having approx. 2,28,000 sq. ft. and Phase - II with approx. 1,13,000 sq. ft. Built-up area, cumulatively admeasuring approximately 3,40,000 sq. ft. (approx.).

The Phase - I is fully developed and occupied by prestigious organisations such as: Aditya Birla Group, World Health Organisation, State Bank of India, L'Oreal, ICICI Lombard etc.

Recently PEDPL has obtained the completion certificate of Phase - II. The company looks forward to a great participation from leading organisations in the coming days.

Shares of PARSVNATH DEVELOPERS LTD. was last trading in BSE at Rs.16.11 as compared to the previous close of Rs. 15.35. The total number of shares traded during the day was 67607 in over 83 trades.

The stock hit an intraday high of Rs. 16.11 and intraday low of 15.8. The net turnover during the day was Rs. 1082140.

Source : Equity Bulls

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