Parsvnath gets approval for La-Tropicana project
The Hindu Business Line, June 3, 2009, Page 17
Our Bureau, New Delhi
Parsvnath Landmark Developers, a subsidiary of Parsvnath Developers Ltd, on Monday said it has received approvals to commence construction of premium luxury project La-Tropicana in Delhi.
The approvals include sanction of the building plans by the Municipal Corporation of Delhi.
The company is eyeing a realisation of about Rs 1,300 crore in three years from the project.
The land and construction cost would add up to Rs 700 crore, the Parsvnath Chairman, Mr Pradeep Jain, said, adding that 1.2 million sq ft (of the total 2 million sq ft) of residential space, had already been booked.
Work started
“The excavation work at the site has already been completed and now we shall be deploying equipment and manpower to take up construction in full swing and complete the project within the time frame,” he said.
The Hindu Business Line, June 3, 2009, Page 17
Our Bureau, New Delhi
Parsvnath Landmark Developers, a subsidiary of Parsvnath Developers Ltd, on Monday said it has received approvals to commence construction of premium luxury project La-Tropicana in Delhi.
The approvals include sanction of the building plans by the Municipal Corporation of Delhi.
The company is eyeing a realisation of about Rs 1,300 crore in three years from the project.
The land and construction cost would add up to Rs 700 crore, the Parsvnath Chairman, Mr Pradeep Jain, said, adding that 1.2 million sq ft (of the total 2 million sq ft) of residential space, had already been booked.
Work started
“The excavation work at the site has already been completed and now we shall be deploying equipment and manpower to take up construction in full swing and complete the project within the time frame,” he said.
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