Parsvnath to Increase Land Bank to 350 Million sq ft

Realty firm Parsvnath Developers plans to increase its land bank by almost 141 million sq ft to 350 million sq ft for Special Economic Zones developed by the end of current fiscal year. Besides this, the company has also decided to spend Rs 20,000 crore on developing its present area of 209.75 million sq ft within next three to five years.

Parsvnath, Indiabulls tie upto develop railway land

Parsvnath Developers and Indiabulls Real Estate have come together to bid for ten prime location plots being offered by the Indian Railways for commercial development across various cities. Parsvnath and IBREL have entered into an understanding for the submission and bidding for the land offered by the railway ministry through RLDA and under the agreement, the RFQ for 10 locations have been submitted.