Parsvnath Developers will invest about Rs 100 crore to develop a shopping mall in the national capital. This will be part of the company’s strategy to generate rental income from leased commercial properties.
The company is developing a shopping mall at Netaji Shubhash Place in West Delhi. The total area of the shopping mall is 5 lakh square feet. The 5 acre project will be constructed in the next 18 months.
Parsvnath Developers has diversified portfolio, which includes, integrated townships, group housing, commercial complexes, hotels, IT parks, among others.
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