Skip to main content

Parsvnath Developers - Press Release

 

  

Parsvnath Developers Limited has announced that the Company has laid the foundation of its star rated project Parsvnath Prideasia at Chandigarh on April 05, 2008. The foundation laying has been done by his Excellency Gen. (Retd.) S F Rodrigues, PVSM, VSM, Governor of Punjab & Administrator UT in a grand ceremony held at its site at Rajiv Gandhi Technology Park Chandigarh.

 
 

Parsvnath PRIDEASIA, the first Public Private Partnership project in India for development of an IT habitat and first Integrated luxury fully built up Township project, is an enigma which is growing fast on those who have come visiting the place. The Company received an overwhelming response in the bookings phase.

 
 

PDL has gone for foundation laying ceremony today at the site after receiving environmental clearances and approvals on building and layout plans. Mr. Pradeep Jain - Chairman Parsvnath Developers Ltd. Mr. Mohan Jeet Singh IAS - Chairman Chandigarh Housing Board and dignitaries of Chandigarh were present at the time of foundation laying.

 
 

Commenting on the foundation laying, his Excellency Gen. (Retd.) S F Rodrigues, PVSM, VSM, Gov. Punjab & Administrator UT, said, "The potential of Chandigarh as a city is immense and is fast emerging as the most attractive hub for investments, Job creation, education and living in India. I am pleased that country's leading real estate developers have shown interest in our state. I am sure that with Prideasia at Chandigarh, our city will gain the Limelight as the next preferred destination with world class amenities."

 
 

Commenting on the occasion, Mr. Pradeep Jain, Chairman, Parsvnath Developers Ltd., said, "Chandigarh a horizon of peace and beauty, is grabbing the attention of NRIs and of people who aspire for a luxurious lifestyle. The city is also attracting leading IT/ITES/BPO Companies: the place is also seeing many professionals residing in the city."

 
 

"Prideasia has been conceived to match the expectations of the NRI/HNIs who are accustomed to amenities of the developed countries. First of its kind Prideasia is aimed to offer the very best of India mixed with the excellence of the west. The residents deciding to relocate here will find the comforts enjoyed broad with Indian warmth. The project is a product of commitment, challenge to showcase what we offer. Parsvnath is committed to create the brand Prideasia synonymous with the very best possible in real estate development." Mr. Jain expressed.

 
 

Currently, Parsvnath's ongoing projects in and around Chandigarh includes a Film City project at Chandigarh, Mall Multiplex cum Hotel at Mohali, Kingcity Township In Rajpura, Parsvnath Royale Group Housing at Panchkula etc to name a few.

 
 

The Bookings have been made open for Apartments and villas with the commencement of construction at site which is scheduled to be completed by 2010.


 

Popular posts from this blog

Bio-fuel has top investors powered up

23RD ,JUNE India's fortune-hunters believe their new-found love for biofuel will pay off. India's well-known investors who are known for their Midas touch have spotted an opportunity in bio-fuel, betting big on ethanol, bio-mass and even bio-fuel equipment makers in India and other parts of the globe. Billionaires Rakesh Jhunjhunwala, C Sivasankaran, Vinod Khosla, founder of Sun Microsystems, and Nemish Shah, the media-shy joint partner of Enam Financial Services, are investing in bio-fuel makers quietly, expecting that bio-fuel will have a big play in the coming years as the world looks for a viable alternative to the fast depleting oil reserves. Jhunjhunwala, who is known for his ability to spot a multi-bagger at a very early stage, recently invested in Hyderabad-based bio-fuel firm Nandan Biometrics.He is also a 10 per cent stakeholder in Praj Industries, which is a bio-fuel technology provider…

up to 8,500% return in 5 years! Investors made a killing in these 30 smallcap stocks

U By Rahul Oberoi, ETMarkets.com | Updated: Dec 01, 2017, 04.06 PM IST Post a Comment
Efficiency pays in the long run. Among the top smallcap plays on Dalal Street, 30 companies with stable return on equity (RoE) and return on capital employed (RoCE) have surged up to 8,500 per cent over the past five years.

All these companies had a debt-to-equity ratio of less than 1 and have been maintaining RoE and RoCE of over 20 per cent since 2012-13.

Avanti Feeds emerged the chart topper, with an 8,527 per cent gain to Rs 2,596.60 as of November 28 from Rs 30.10 ..


ovember 28 from Rs 30.10 on November 27, 2012. The company’s return on equity for FY17, FY16, FY15, FY14 and FY13 stood at 42.65 per cent, 46.21 per cent, 52.41 per cent, 45.79 per cent and 27.60 per cent, respectively. Avanti also managed to achieve a return on capital employed of over 50 per cent in last four years. Its RoCE stood at 28.59 per cent inRoE measures net income earned for every rupee of shareholder funds, while…

5 dark-horse picks

Kwadrat/shutterstock.com Kwadrat/shutterstock.com
If you are a conservative investor, using the mutual fund route is the best way to invest in stocks. But if you are game for some excitement, you might want to dabble directly in stocks, especially small-cap stocks. Stocks that are smaller in size, in terms of market capitalisation, carry higher risk. The reasons are — one, lower traded volume increases price volatility, two, information is usually scarce on these companies, three, business risk is higher since many of these companies are dependent on a single product and four, governance risk is also higher in these stocks. That said, small-cap stocks have the capacity to deliver far greater returns when compared to large-cap stocks. Sample this: there were 16 stocks with market cap more than ₹50,000 crore in January 2009. These stocks delivered an average return of 138 per cent in the last eight years but 4 out of every 10 stocks in this group delivered negative returns. On the ot…