will-parsvnath-developers-ipo-test-the-appetite-of-real-estate-investors

Will Parsvnath Developers' IPO test the appetite of real estate investors?

India-based Parsvnath Developers plans to IPO before Hindu new year next month. Chairman Pradeep Kumar Jain speaks about the company and the opportunities in the Indian real estate market.
India-based Parsvnath Developers plans to IPO next month. Chairman Pradeep Kumar Jain speaks about the company and the opportunities in the Indian real estate market

What regions in India do you develop projects in

Although we started in North India we now have a pan-Indian presence. Currently, we have operations in 30 cities covering nine Indian states.

What is in your real estate portfolio

We are currently developing about 100 projects. In realisation terms this translates to approximately $8 billion of saleable value on hand. This includes 12 integrated townships, 19 residential projects, 20 commercial complexes including shopping malls and one hotel. We have completed six housing projects and eight commercial complexes.

What are your...
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