Parsvnath Developers

Our Company was incorporated on July 24, 1990 under the Companies Act,
 1956 as 
 Parsvnath Developers Limited. We obtained a certificate of
 commencement of business 
 on November 20, 1990. At the time of incorporation, the registered
 office of our Company 
 was situated at G-2, Arunachal Building, 19, Barakhamba Road, New
 Delhi 110 001. 
 On March 1, 2004, the registered office of our Company was changed to
 the 6th floor, 
 Arunachal Building, 19, Barakhamba Road, New Delhi 110 001, which is
 the present 
 Registered Office of the Company.
 
 
 Major Events:
 
 
 July 1990             :         Parsvnath Developers Limited was
 incorporated.
 March 2002         :         Received DR3 ICRA-NAREDCO rating from
 ICRA Limited indicating moderate project
                                      development capacity. Parsvnath
 Developers Limited was the first real estate developer
                                      whose grading was published
 under by ICRA-NAREDCO.
 
 November 2002  :         Received ISO 9001:2000 rating from the
 Internation Certifications Limited (“ICL”) in
                                      relation to the development,
 construction and marketing of infrastructures.
 
 September 2005  :         Received upgraded rating DR2- ICRA-NAREDCO
 rating from ICRA Limited indicating
                                      strong project development
 capacity.
 
 December 2005   :         Received certificate from the ICL
 certifying compliance with the Environment
                                       Management System Standard ISO
 14001.
 
 December 1997 
 August 2006        :         Completed eight commercial projects in
 Uttar Pradesh, Haryana and Delhi.
 
 January 2003
 August 2006        :         Completed nine residential projects in
 Uttar Pradesh and Delhi.
 
 September 2004
 August 2006        :          Secured ten concessions from the DMRC
 for the development of malls at metro stations.
 
 January 2006
 August 2006        :          Secured acceptance of bid from the DMRC
 for one property development projects in
                                        Delhi.
 
 June 2006            :        Our bid for the development of an
 integrated facility at Rajiv Gandhi Chandigarh
                                       Technology Park on 500,960.80
 square metres of land was accepted by the Chandigarh
                                       Housing Board.
 
 
 June 2006-August
 2006                    :          Received in-principle approval in
 relation to the development of nine SEZs.
 
 
 August 2006        :          Received integrated management
 management system certification comprising of ISO
                                        9001:2000, ISO 14001:2004 and
 OHSAS 18001:1999 certification from RINA in
                                        relation to design,
 development, construction and marketing of infrastructures.
 
 
 2007
 
 -Parsvnath Developers Ltd on February 17, 2007 has signed a MoU with
 Government of Gujarat for developing various projects at an
 investment of Rs 1600 crores over a period of 2-3 years.
 
 -Parsvnath Developers Ltd on March 18, 2007 has announced the launch
 of Parsvnath City, a high-end residential township in Dharuhera,
 Haryana.
 
 - Parsvnath Developers Ltd on June 21, 2007, has announced that the
 Company has bagged another DMRC project for developing an ultra
 modern fully Air-Conditioned shopping mall outside Netaji Subhash
 Place Metro Station in North Delhi.
 
 -Parsvnath Developers Ltd has won another project from BEST, Mumbai
 to develop a plot of land at Mahim Bus Station, Mumbai for commercial
 and residential utilization along with remodeling of existing bus
 station.
 
 -Parsvnath Developers Ltd has announced that in view of the extensive
 economic development around Jodhpur, realty major, the Company is
 building Parsvnath City, a self-contained; Mega Township spread over
 110.4 Aces in Jodhpur.