Parsvnath gets environmental nod for Railway City township
Real estate and infrastructure developer Parsvanath Developers today said it has got environmental clearance from State Environment Impact Assessment Authority, Haryana for the construction of a proposed township, Parsvnath Railway City at Panipat in Haryana.
The clearance will enable the company to start construction soon, Parsvnath said in a filing to the Bombay Stock Exchange (BSE).
The company plans to develop a 162 acre township in phases, to be completed in two years. It will consist of 927 residential plots, including 4 per cent of the area earmarked for commercial activity, said the release.