Parsvnath to build Azadpur Metro station - Indian Real Estate Forum

rajbeer · 20-12-06

The real estate company Parsvnath Developers would be building the Metro station at Azadpur under an agreement with the Delhi Metro Rail Corporation (DMRC).

The project to be built on BOT (Build, Operate, Transfer) basis includes the construction of 300 metres of rail track at the station.

Pradeep Jain, chairman Parsvnath group said, “The project will be constructed in two phases at an estimated cost of Rs 250 crores.

In the first phase -- 50,000 sq ft of area will be constructed at an estimated cost of Rs 50 crores.
In the second phase — construction for the retail sector — would consist of three lakh fifty thousand sq ft area being developed at a cost of around Rs 200 crores.”

The mall will also have 50,000 sq ft of covered parking space and four lakh sq ft of retail, added Jain.

-- The Economic Times

20-12-06	#1
rajbeer New Member Join Date: Oct 2006 Posts: 8 Thanks: 0 Thanked 0 Times in 0 Posts	Parsvnath to build Azadpur Metro station The real estate company Parsvnath Developers would be building the Metro station at Azadpur under an agreement with the Delhi Metro Rail Corporation (DMRC). The project to be built on BOT (Build, Operate, Transfer) basis includes the construction of 300 metres of rail track at the station. Pradeep Jain, chairman Parsvnath group said, “The project will be constructed in two phases at an estimated cost of Rs 250 crores. In the first phase -- 50,000 sq ft of area will be constructed at an estimated cost of Rs 50 crores. In the second phase — construction for the retail sector — would consist of three lakh fifty thousand sq ft area being developed at a cost of around Rs 200 crores.” The mall will also have 50,000 sq ft of covered parking space and four lakh sq ft of retail, added Jain. -- The Economic Times

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