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Parsvnath Developers eyeing Singapore Real Estate

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Claimed sources to www.propertykhazana.com said that Parsvnath Developers is shortly teaming up with the bandwagon of international realty developers hastening to take a share in pacing multi-Billion construction activities in Island city state Singapore. Assignment from Parsvnath will give a visit to Singapore in 2-3 weeks to confirm a JV for its business venture. And the company is ready to make its initial cross border venture and waiting for the success, said Pradeep Jain, Chairman of Parsvnath Developers to the www.propertykhazana.com.
It has talked with its legal advisors to explore a full fledged company or just SPV must be soared in Singapore. Near to its complements comprising the famous name like Hiranandani, Parsvnath Developers is also gazing ahead to create a large place for itself in the foreign market like Hong Kong and Middle East.
Singapore has gone violent on its marketing and even has modified the land rules to persuade potential foreign investors and the new rules will allow such investors to rent the land for 99 years. As reported by the sources at the www.propertykhazana.com before only houses had the authorization to posses the property, a shock service. Parsvnath Developers has 150 Million Sq.ft under development and the property is extended to about 47 cities in 17 states. Company is also proposing to lighten its existence in 250 Indian cities with the development of elite realty ventures like integrated townships and SEZ’s.
Source: NBTVLIVE

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