Parsvnath Developers Limited has informed the Exchange regarding a press release dated April 21, 2026, titled "Please find attached Press Release- Received Completion of 20.67 Acres Project in Indore".
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Parsvnath Developers Limited announced the completion of its residential project 'Saatvik Green NX' in Raukhedi, Indore (MP). The project spans 20.67 acres (83,670 sqm) and was developed in collaboration with RRHL Realty Limited. The project offers 473 residential plots in three categories: Silver, Gold, and Platinum. Development work started in April 2024 and the Completion Certificate has been received from the Office of Collector, District Indore. The company, which has delivered 68 projects across 13 states, is focusing on execution of ongoing projects under its 'Mission Possession' initiative.
Project completion demonstrates the company's operational execution capability and adds to its delivered portfolio. While no revenue figures were disclosed, successful project completion is a positive development for stakeholders as it should generate sales revenue and strengthen the company's market position in Indore.