Parsvnath, Unity Group Open Luxury Mall ‘Unity One Elegante’

08 Oct 2025 CW Team

The company has received the Occupancy-cum-Completion Certificate from the Delhi Development Authority (DDA), confirming that construction of the mall is complete. The facility is set to open and become operational soon.

Developed on 28,400 square metres of land, the mall offers a total leasable super built-up area of approximately 470,000 square feet, with almost the entire space already leased out.

Positioned as a ‘Bridge to Luxury’ destination, Unity One Elegante is located at a prime site in North-West Delhi, directly connected to the Netaji Subhash Place Metro Station and Ring Road. The mall is designed to serve as a vibrant hub for shopping, dining, and entertainment, featuring high-end brands, luxury fashion stores, multiplexes, and a diverse food court.

The development targets lifestyle-conscious, high-income consumers from nearby affluent catchment areas including Pitampura, Shalimar Bagh, Punjabi Bagh, Ashok Vihar, Model Town, and Rohini.

Leading retail brands at the mall include PVR Luxe, Lifestyle, H&M, Victoria’s Secret, Apple, Armani Exchange, Brooks Brothers, Lacoste, Ethos Summit, Tommy Hilfiger, Calvin Klein, Longines, Forest Essentials, and Hamleys, among others.

Food and beverage outlets feature renowned names such as PF Chang’s, McDonald’s, Chili’s, Burger King, Cafe Delhi Heights, Haldiram’s, KFC, BBQ Nation, Anardana, Punjab Grill, and Sattvik. The mall also houses family entertainment centres including Funblock and Timezone, making it a complete lifestyle and entertainment destination.

With its blend of luxury retail, contemporary architecture, and strategic location, Unity One Elegante marks a major addition to Delhi’s premium shopping landscape and underscores Parsvnath’s continued focus on landmark developments in India’s top urban centres.

Parsvnath Developers Limited, one of India’s leading real estate and infrastructure companies, has announced the completion of its luxury shopping mall, ‘Unity One Elegante’, located at Netaji Subhash Place, Delhi. The project has been developed through Unity Parsvnaths LLP, a joint venture between Parsvnath Developers and Unity Group.The company has received the Occupancy-cum-Completion Certificate from the Delhi Development Authority (DDA), confirming that construction of the mall is complete. The facility is set to open and become operational soon.Developed on 28,400 square metres of land, the mall offers a total leasable super built-up area of approximately 470,000 square feet, with almost the entire space already leased out.Positioned as a ‘Bridge to Luxury’ destination, Unity One Elegante is located at a prime site in North-West Delhi, directly connected to the Netaji Subhash Place Metro Station and Ring Road. The mall is designed to serve as a vibrant hub for shopping, dining, and entertainment, featuring high-end brands, luxury fashion stores, multiplexes, and a diverse food court.The development targets lifestyle-conscious, high-income consumers from nearby affluent catchment areas including Pitampura, Shalimar Bagh, Punjabi Bagh, Ashok Vihar, Model Town, and Rohini.Leading retail brands at the mall include PVR Luxe, Lifestyle, H&M, Victoria’s Secret, Apple, Armani Exchange, Brooks Brothers, Lacoste, Ethos Summit, Tommy Hilfiger, Calvin Klein, Longines, Forest Essentials, and Hamleys, among others.Food and beverage outlets feature renowned names such as PF Chang’s, McDonald’s, Chili’s, Burger King, Cafe Delhi Heights, Haldiram’s, KFC, BBQ Nation, Anardana, Punjab Grill, and Sattvik. The mall also houses family entertainment centres including Funblock and Timezone, making it a complete lifestyle and entertainment destination.With its blend of luxury retail, contemporary architecture, and strategic location, Unity One Elegante marks a major addition to Delhi’s premium shopping landscape and underscores Parsvnath’s continued focus on landmark developments in India’s top urban centres.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..