Incorporated in July 1990, Parsvnath Developers (PARSVNATH) is one of the leading real estate development companies in India with operations in 37 cities and 13 states of India. As of Aug. 20, 2006, the company directly owned or held development rights for an estimated 102.11 million sq. ft. of saleable area. In 1990, PARSVNATH began construction of residential real estate projects and now, most of its projects are constructed internally by the company. Presently, the company has acquired land or development rights in connection with the development of 19 integrated townships; 26 commercial complexes including shopping malls, multiplexes, office space; a complete metro station; and 24 residential projects. In addition, it has completed 17 projects including nine housing projects and eight commercial complexes. Further, the company has obtained in principle approvals from GoI for the development of nine SEZ projects.
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