Parsvnath Developers resumes stalled housing project in Delhi

31 Aug 2021 CW Team

In a BSE filing, Parsvnath Realcon (PRPL), a wholly-owned subsidiary of Parsvnath Developers, said that it has begun constructing its luxury housing project Parsvnath Paramount located at Subhash Nagar, New Delhi and intends to achieve the project within a year.

It has received all the required approvals comprising environmental clearance, building plan permission, RERA Registration Certificate .

The project comprises five towers containing one separate Tower of EWS, having a total of 87 residential units in four towers and 45 units in EWS Tower.

The project development got stalled due to inter-se conflict between the government firms relating to the said project.

The legal matter/ dispute was contested on and at every relevant forum, and consequently, after long litigation, on December 16, 2019, PRPL accomplished by getting the permission of the building plans from the South Delhi Municipal Corporation and also received the environment clearance extended with the validity up to 2024. All the statutory permissions have been duly received by PRPL.

PRPL has also got the project listed under the rules of the RERA Act and received the RERA Registration Certificate on 13th August 2021. The site has already been mobilised for quick completion of the remaining work, and the construction and development work at the project site is going on at full speed.

Image Source

Also read: Jaiprakash ties up with CRC, Gulshan Homz for luxury flats in Noida

Infrastructure Energy

19 Sep 2025

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..