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Parsvnath Developer Plans to Focus on Existing Projects
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News Source:
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10-Oct-09
Cash-starved real estate major Parsvnath Developers Ltd. (PDL) has decided to go slow on its non-housing projects such as development of special economic zones (SEZs) and focus on the copletion of its existing projects. The New Delhi-based developer through its subsidiary company, Parsvnath SEZ Ltd(PSL) is to carry out activities to develop and operate SEZs PSL is to develop 17 special SEZs across 10 states covering area of over 1,780 hectare(4,400 acres) in the next five to seven years. Of these, four SEZs have already been notified.
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