Parsvnath Hotel at Shirdi gets '3 Star' approval from The Ministry of Tourism

Parsvnath Hotels Ltd. a subsidiary of Parsvnath Developers Limited (PDL), India’s leading real estate and infrastructure company, has received 3 star category approval from India tourism (Western Region), the Ministry of Tourism for hotel project at Shirdi, Taluka-Rahata,District Ahmednagar. The construction of the hotel is undertaken by Parsvnath Hotels Limited.

The project is being developed on total land area of approx. 25000 sq. ft and is already under construction. The hotel project at Shirdi comprising of ground plus three floors would be equipped with all amenities of a 3 star project. The project will offer 52 elegantly furnished rooms with a view to provide utmost comfort to the visiting guests. The hotel also proposes to have a multi cuisine restaurant cum coffee shop. Strategically located the hotel is in close vicinity of Shirdi temple ensuring a hassle free communication for all devotees from hotel to the temple.

Speaking at the occasion, Parsvnath Hotels Limited, Mr. Deepak Mowar, Vice President Hotels said, “Shirdi, being home of Sri Sai Baba, is visited by thousands of devotees throughout the year from both India and abroad. What was needed in the spiritual city was a place to help the devotees from across the globe to spend quality time in large areas, graceful ambience and peaceful surroundings. While there are few Star rated hotels in Shirdi, there is a near absence of internationally acceptable 3 Star Hotels. Our project at Shirdi aims to bridge this gap by providing all the necessary amenities at moderate tariffs.”

About Parsvnath Developers Limited:
Parsvnath Developers is noted for its rapid pan India spread. It is the fastest growing real estate group in India. Parsvnath Developers is amongst the largest listed real estate companies in India. As of today, company is developing 114 mega projects spanning 211.32 million square feet in 51 cities and 18 states. For the year ended March 31, 2008, Parsvnath Developers Ltd. recorded consolidated revenues of Rs 1837.12 crore and net profit of Rs 424.39 crore. For more details please visit www.parsvnath.com