New Delhi, October 8 (Udaipur Kiran): Shares of Parsvnath Developers rose over 1.5% in today’s trade after the company announced the completion of its premium shopping mall project in Delhi. The stock is currently trading at ₹14.56, up by ₹0.22 from its previous close of ₹14.34 on the BSE.
During the session, the scrip touched an intraday high of ₹14.90 and a low of ₹13.86, with 20,953 shares traded on the counter. The company’s market capitalization now stands at ₹624.92 crore. The promoters hold 50.09%, while Institutions and Non-Institutions hold 4.78% and 45.13%, respectively.
Parsvnath Developers, through its special purpose vehicle Unity Parsvnaths LLP — a joint venture with Unity Group — has developed a luxury shopping mall named ‘Unity One Elegante’ at Netaji Subhash Place, Delhi. The project has now received the Occupancy-cum-Completion Certificate from the Delhi Development Authority (DDA), and the mall will open to the public soon.
Spread across 28,400 square meters, the mall offers a total leasable area of 4,69,530 sq. ft, with nearly all space leased out. Positioned as a “Bridge to Luxury” destination, the Elegante mall is strategically located in North West Delhi, directly connected to the Netaji Subhash Place Metro Station and Ring Road.
The mall will feature luxury brands, a multiplex, and a food court, catering to the lifestyle needs of residents from premium catchment areas like Pitampura, Shalimar Bagh, Punjabi Bagh, Ashok Vihar, Model Town, and Rohini.
With a focus on luxury shopping, dining, and entertainment, Unity One Elegante aims to become one of the leading retail and leisure destinations in Delhi.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.