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Message from Chairman’s Desk

Indian real estate sector witnessed fragmented performance in the year 2015 where on the one hand the commercial segment showed signs of revival and on the other hand the residential segment witnessed subdued demand. The year 2016, however brings with it a plethora of opportunities for a new phase of growth of real estate sector. As a slew of measures taken by the Government led by Hon’ble Prime Minister ShriNarendra Modi in the recent past and a number of policy reforms in the pipeline along with substantial reductions in the repo rates by RBI are poised to strengthen confidence of the buyers. This strengthening of the buyers’ confidence would propel demand for real estate projects and would be instrumental in bridging the demand –supply gap for both commercial and residential projects.

In this new phase of growth, Parsvnath Developers Limited is geared up to cater to this demand and is thus focused on enhancing operational efficiencies through faster execution and delivery of ongoing projects along with launching state-of-the-art, aesthetically designed projects in the affordable segment.

Parsvnath is a strong value driven organization which has committed itself to build a better world across the length and breadth of the nation in its journey of 25 years.Over these 25 years, Parsvnath Developers Limited has been constantly expanding its horizon and has developed a diversified business portfolio comprising of Residential, Commercial (Office and Retail), DMRC projects, Hotels, SEZs, IT Parks and Third Party Construction. Offering a gamut of real estate projects and partnering with the best of the contractors and architects to develop state of the art residential and commercial projects, the company has established a strong foothold in the real estate sector and has garnered customer satisfaction for its projects across all segments.

This strategic diversification has enabled Parsvnath Developers Limited to evolve as one of India’s leading real estate and infrastructure development companies that boasts of a Pan India presence with projects spanning across 42 cities and 15 states.

On a concluding note, I would like to thank all shareholders, bankers, investors, employees and associates for their sustained trust and support to the organization. I am confident that with the support of all our stakeholders, Parsvnath Developers Limited will continue to tread steadily on its growth trajectory and achieve many more milestones in the years to come.

Pradeep Jain, Chairman

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