Parsvnath sees Rs 60 cr revenue from Indore project

New Delhi, Sept 5 (UNI) Realty major Parsvnath Developers Ltd today said it has launched a residential project at Indore and expects revenue of Rs 60 crore from it.

The project, 'Parsvnath Premier', has a saleable area of more than four lakh sq ft and is scheduled to be completed by the end of 2011, a company statement said.

The company has also entered into an agreement with the Madhya Pradesh government for expeditious and unhindered development of its 76-acre SEZ at Indore which will create direct and indirect employment opportunities for about 40,000 people and is developing a 100-acre integrated township in Ujjain, it added.

UNI SR RKM PM1314