Parsvnath Developers : Final PR - Red Fort Parsvnath Towers project wins Smart Project of Year 2015

Press Release

For immediate Publication

Parsvnath Developers wins the 'Smart Project of Year' award for its project 'Red Fort Parsvnath Tower'

New Delhi, 05 September, 2015: Parsvnath Developers Limited, one of India's leading Real Estate and Infrastructure Development Companies, won the Smart Project of the Year award by Construction Week at the 5th Annual Construction Week India Awards.
The company received the award for its key commercial project Red Fort Parsvnath Tower, Bhai Veer

Singh Marg, New Delhi

Commenting on Construction Week India Awards, Mr. Pradeep Jain, Chairman, Parsvnath Group, said, "On behalf of Parsvnath Developers, I thank Construction Week for acknowledging our company's efforts in building the state of the art commercial project in the heart of Delhi. Awards like these are a testimony of our commitment and efficiency in planning and executing world class projects and further encourage us to achieve many such milestones in future."
Construction Week India Awards recognise the achievements of the country's best developers in the construction and infrastructure business.

Overview of Parsvnath Developers Limited:-

Parsvnath Developers Limited, one of India's leading Real Estate and Infrastructure Development Companies, having a rich experience of more than 25 years has Pan India presence spread across 42 cities and 15 states. The Company's diversified business portfolio comprises of Residential, Commercial (Office and Retail), DMRC projects, Hotels, SEZs, IT Parks and Third Party Construction.
The Company has till date completed 55 projects, measuring 22, 99,239 sq. mt. (24.75 mn. sq. ft. )of developed area. Currently, 48 projects are under construction, which on completion will deliver 64,
81,171 sq. mt. (69.76 Mn. Sq. Ft.) of developed area. The Company has a large land bank that stands at
1, 32, 89,966 sq. mt. (143.05 mn. sq. ft.)
More information about the company is available on www.parsvnath.com
For more details, please contact:

Ms. Neetal Narang

Head Corporate Communications Parsvnath Developers Limited Contact: 011-4386600

Email - [e-mail]

Mr. Jatin Khattar

Senior Manager - Corporate communications

Parsvnath Developers Ltd. Mobile: [phone]

Email - [e-mail]

Mr Vipin Phulara/ Ms Jyoti Sharma

Adfactors PR Pvt. Ltd.

Mobile: [phone]

Office: 011-40565100

Email: [e-mail]

Forward-Looking Statements:- This report contains forward -looking statements, which may be identified by their use of words like 'plans',

'expects', 'will', 'anticipates', 'believes', 'intends', 'projects', 'estimates' or other words of similar meaning. All statements that address expectations or projections about the future, including but not limited to statements about the company's strategy for growth, market position, expenditures, and financial results, are forward -looking statements. Forward-looking statements are based on certain assumptions and expectations of future events. The company cannot guarantee that these assumptions and expectations are accurate or will be realized. The company's actual results, performance or achievements could thus differ materially from those projected in any such forward - looking statements. The company assumes no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent developments, information or events.