Parsvnath Developers Ltd - The Project at Rajpura, Punjab

Parsvnath Developers Limited ("Company"), one of the India‟s leading Real Estate and Infrastructures Companies, is having one of its Projects located at Rajpura, Punjab, on the land admeasuring an Area of 112.856 Acres ("Project").

The Project is located along the GT Road, near Shambu Border Railway Station and just 20 km from Ambala and Chandigarh. The Project enjoys a prime location with seamless connectivity to essential amenities and major commercial and residential centers.

This is an Integrated Township with Plots, Group Housing, Commercial Complexes, Clubs, Schools, etc.

The Project has received various licenses for the construction and development of the Project from the competent authority.

The construction and development of the project will be made in a planned manner.

The Company has entered into a Development Management Agreement with Emperor Infratech Private Limited who has been appointed as the Development Manager of the Project. The Development Manager will provide development services with respect to the development, completion, implementation, sales and marketing and maintenance of the Project. The Development Manager will complete the development of the entire project with full pace in time bound manner and will facilitate to offer the possession to the existing customers and sell the unsold inventory for completion of the project.

Shares of Parsvnath Developers Limited was last trading in BSE at Rs. 14.62 as compared to the previous close of Rs. 15.28. The total number of shares traded during the day was 60461 in over 258 trades.

The stock hit an intraday high of Rs. 15.00 and intraday low of 14.52. The net turnover during the day was Rs. 891826.00.

Source : Equity Bulls

Keywords

ParsvnathDevelopers INE561H01026 Realty TheProject Rajpura Punjab