INDIA'S GLOBAL MAGAZINE
Realty Check 

PARSVNATH PROCURES COMMERCIAL PROPERTY FROM DMRC

In a move that is all set to present a world-class commercial experience to the people of Delhi, the Parsvnath Group recently acquired 1,67,735,41 square feet of prime land at Bhai Vir Singh Marg, Gole Market from DMRC to develop a mega commercial project. Announcing this, Pradeep Jain, chairman, Parsvnath Development Ltd, said: “This project is also seen as one of the first major private commercial projects in the heart of Delhi. 

OMAXE HEIGHTS AT LUCKNOW

Keeping up its project innovativeness and mission of changing the face of Indian cities, Omaxe, a multi-million real estate major, introduces the new age lifestyle living facilities for the city of nawabs, with Omaxe Heights the high-rise apartments that will redefine living experiences for the people of Lucknow. Planned in the idyllic setting of Gomti Nagar, Omaxe will erect 515 palatial apartments with luxurious interiors. This multi-storied, ultra-modern, state of the art edifice will be built over 10.5 acres of land with an investment Rs 132 crore. The project is expected to be completed within a period of two years. ‘Omaxe Heights’ heralds a lavish life style and provides all modern day comforts.

KOLKATA WEST INTERNATIONAL CITY

This is the first organised residential township being developed by foreign capital via the FDI route in West Bengal by the Salim and Ciputra groups from Indonesia. This is also the largest residential township announced being developed on 390 acres. It is the first project in which consumers get bungalows as a first home with all lifestyle facilities and amenities on the campus. The project, when it is finished in 2009, will have more than 5,500 bungalows with freehold land. 

SOUTH CITY

This is the largest multi-use project in south Kolkata so far. The uniqueness of the project comes from its overall scale, the height of the towers, the presence of the largest mall within the campus (10 lakh sq ft), a very large school and the largest inhouse club so far in south Kolkata. This project is set to make the Jadavpur/Prince Anwar Shah Road area a happening address. It is expected to be totally completed by 2007.

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March 2006

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