Parsvnath Developers Expands With La Tropicana Housing Project
Real Estate

Parsvnath Developers Expands With La Tropicana Housing Project

Parsvnath Developers Limited, one of India’s leading real estate and infrastructure companies, is developing, through its wholly owned subsidiary Parsvnath Landmark Developers Private Limited, a group housing project called Parsvnath La Tropicana.
The project spans 16.82 acres in a prime location on Magazine Road, Civil Lines, Delhi, with seamless connectivity to essential amenities and major commercial and residential centres. It comprises a total of 505 flats, of which fit-outs for 353 flats have already been offered.
Phase I includes 7 towers with 169 flats, while Phase II consists of 9 towers with 180 flats, bringing the total to 349 flats across both phases. Fit-outs for all Phase I flats and most of the Phase II flats have already been offered.
Phase III comprises 5 towers with 156 flats. Fit-outs for one tower containing 22 flats have been offered, and construction of the remaining four towers is progressing rapidly. The fit-outs for these are expected to be offered within the calendar year 2025.
The project’s Phase I towers received the Fire Safety Certificate from the Department of Delhi Fire Services on 9 September 2025. 

Parsvnath Developers Limited, one of India’s leading real estate and infrastructure companies, is developing, through its wholly owned subsidiary Parsvnath Landmark Developers Private Limited, a group housing project called Parsvnath La Tropicana.The project spans 16.82 acres in a prime location on Magazine Road, Civil Lines, Delhi, with seamless connectivity to essential amenities and major commercial and residential centres. It comprises a total of 505 flats, of which fit-outs for 353 flats have already been offered.Phase I includes 7 towers with 169 flats, while Phase II consists of 9 towers with 180 flats, bringing the total to 349 flats across both phases. Fit-outs for all Phase I flats and most of the Phase II flats have already been offered.Phase III comprises 5 towers with 156 flats. Fit-outs for one tower containing 22 flats have been offered, and construction of the remaining four towers is progressing rapidly. The fit-outs for these are expected to be offered within the calendar year 2025.The project’s Phase I towers received the Fire Safety Certificate from the Department of Delhi Fire Services on 9 September 2025. 

Next Story
Real Estate

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Next Story
Infrastructure Energy

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Next Story
Infrastructure Energy

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?