Parsvnath launches affordable houses "Royale Floors" in Lucknow

Parsvnath Developers Limited (PDL), India’s leading Real Estate Company with pan India presence having diversified portfolio performed Bhoomi Pujan and announced the launch of Parsvnath Royale Floors, an Independent Floors in Parsvnath City, Lucknow.

Parsvnath Royale Floors is strategically located on main Faizabad road, Lucknow which is a part of an integrated township namely Parsvnath City. The project comprising of 510 units is having over 6 Lacs sq.ft. area. The project offers four BHK units having saleable area of 1665 sq.ft, three BHK units having a saleable area of 1435 sq.ft.- 1135 sq.ft and two BHK units having a saleable area of 900 sq.ft. The offering of the independent floors comes in the affordable price range starting from Rs. 13.95 Lacs to Rs. 27.50 Lacs.

The total realization for the project is approximately Rs 100 crore which would be realized over a period of two years. The project is scheduled to be complete with in a period of two years from the date of commencement of construction work.

Commenting on the occasion, Mr. Pradeep Jain, Chairman, Parsvnath Developers Limited said, “At Parsvnath it has been our constant endeavor to design products to cater to the ongoing demand trends. The need of the hour is quality construction at economical rates and our project Royale Floors, highlights our commitment of providing quality construction at reasonable rates. It is my firm belief that a judicial mix of four, three and two BHK apartments offered at such competitive rates would definitely induce customers to come forward and own the house as per their requirements.”

The project offers low rise independent floors equipped with 100 percent power back up and piped gas supply. With a view to provide recreation avenues for a stress free life, it also provides well equipped club and swimming pool with in the township.

About Parsvnath Developers Limited:
Parsvnath Developers Limited (PDL) is one of India’s leading real estate developers with Pan-India presence across 50 cities and 17 states with presence across key verticals of real estate industry. The company has developable area of 209 million sq. ft. The company presently is having 81 mn. sq. ft. of area under construction out of which 43.62 mn. sq. ft. is already sold. With a healthy track record of timely delivery of projects, the company carries on construction of the projects in-house, which adds to its capability of timely delivery and quality. PDL has a diversified portfolio of real estate development projects including Integrated Townships, Residential Projects and Commercial Complexes such as shopping malls, multiplexes, hotels, IT parks, B.O.T. Projects and SEZs. It has successfully completed 14 Residential, 12 Commercial and 7 DMRC Projects and is having a customer base of 25,069.