December 28, 2007

House of Patels PRIDEASIA

The ‘House of Patels’, which is one of India’s largest conglomerates has come to an arrangement with Parsvnath, a renowned Indian developer to promote PRIDEASIA

PRIDEASIA is a US$1 billion project being developed in Chandigarh, Northern India. Parsvnath in India has 115 ongoing projects with a developable area of over 191 million square feet.

House of Patels also markets other major Dubai developments - The Residences, Dubai Mall, Burj Dubai Lake Hotel, The Boulevard, and The Old Town amongst others.

Mr.Asgar Shakoor Patel, Chairman of House of Patels said, We are delighted to promote this unique masterpiece from Parsvnath Developers amidst the Indian audience in the Middle East. Parsvnath is a leading real estate developer in India and is spread across India. The company has experience of almost two decades in offering state of the art construction in 48 cities and 17 Indian states with across key verticals of real estate industry. It is the most diversified and widespread real estate developer in India with 115 ongoing projects with a developable area of over 191 mn sq.ft. all across verticals,”

Parsvnath carries on construction of the projects in-house, which adds to its capability of timely delivery and quality. It has structured marketing to cater to the wide base of target customers and has track record of timely delivery of projects.

“Parsvnath’s PRIDEASIA is located in Chandigarh close to Sukhna Lake, a golf course, a sonn-to-be-built five star hotel and close to the Shivaliks. Mohit Gupta, CEO of the property development arm of House of Patels said, “The project is also a part of the Rajiv Gandhi Chandigarh Technology Park which is the upcoming IT hub of the country.”

Spread over 123 acres, this project will have a saleable residential area of 3.85 million square feet, a commercial area of 270000 square feet, a club, a sports centre and a water sports complex of 200000 square. feet.

Also in development ther will be serviced apartments, school, polyclinic, a shopping mall, super luxurious club, sports complex and golf cars for internal commuting.

Surrounded by large stretches of green precincts and water bodies, Parsvnath PRIDEASIA has been visited by thousands of visitors since its launch at the beginning of the month.

Chandigarh is fast becoming the most attractive hub for investments, job creation, education and living in India.

“With the launch of Parsvnath Prideasia, many new concepts and amenities have been introduced for the first time which is synonymous with luxurious and premium lifestyle. Parsvnath Prideasia is aimed at redefining the yardstick of luxury and magnificence. Its layout and deliverables are unique and given its strategic location of being in the heart of the main town, it will not be long before this becomes the most sought after address in the region. Prideasia is an enigma which is growing fast on those who have come visiting the place and is the landmark project not only for the company but also for the realty sector of the country,” said Mr. Gupta.

House of Patels website
House of Patels is a multi million-dollar conglomerate with interest in diversified fields including Transportation, Logistics, Finance, Constructions, Courier and Real Estate Developments.

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