Press Release

For immediate Publication

Mr. Pradeep Jain felicitated with Construction World Architect & Builder Award

New Delhi, 27, August, 2015: Mr. Pradeep Jain, Chairman, Parsvnath Developers Limitedhas been felicitated with Construction World Architect & Builder Award, at 10th CWAB Awards for excellence.

The Construction World Architect & Builder Award is India's most coveted awards for the

Architecture and Building industry. It was instituted by ASAPP Media Information Group in

2006. The awards recognize people and organizations responsible for the changing landscape of our country and present awards to Top Indian Architects and Builders.

Commenting on Construction World Architect & Builder Award, Mr. Pradeep Jain, Chairman, Parsvnath Group, said, On behalf of Parsvnath Developers, I thank Construction World for acknowledging the capabilities and execution capability of the Parsvnath Team that has set world-class standards in the realty sector. Through this platform we wish to reinstate our stance and commitment to build a better world and assure that we will continue to strive towards delivering best quality services and products to all our stakeholders.

These awards recognize excellence, best practice and innovation in construction field and among all the companies in the real estate sector who demonstrate the highest level of commitment and best practices in delivering quality along with the ability to envision, innovate and execute.

Overview of Parsvnath Developers Limited:-

Parsvnath Developers Limited (PDL), India's leading Real Estate and Infrastructure Development Company, having a rich experience of more than two decades has Pan India presence spread across 44 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.

PDL is currently working on 49 projects with a total area of 72.68 mn. sq ft. (6.75 mn. sq. mtrs.) The company's business portfolio includes Residential, Commercial (office and retail), DMRC Projects, Hotels, SEZs, IT Parks.

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 Mobile: +91999833637

Email - neetal.narang@parsvnath.com

Mr. Jatin Khattar

Senior Manager - Corporate communications

Parsvnath Developers Ltd.

Mobile: +919810751243

Email - Jatin.khattar@parsvnath.com

Mr Vipin Phulara/ Ms Jyoti Sharma

Adfactors PR Pvt. Ltd.

Mobile: 9582731432 /9810519400

Office: 011-40565100

Email: vipin.phulara@adfactorspr.comjyoti.sharma@adfactorspr.com

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.

distributed by