Parsvnath Developers Gains 4.95% as Co-Developer Deal Boosts Greater Noida Project

New Delhi, September 17, 2025: Parsvnath Developers Limited share price ended today’s market session at a high. At the market close, the shares ended higher by 4.95%, or 0.66 points at ₹14.00. The shares made an intraday high of ₹14.00 and a low of ₹13.05. The traded volume stood at 17.82 lakh shares, with the market cap at ₹581 crores.

Parsvnath Developers Limited is an Indian real estate development company. The company was established on 17th July 1990 and has its headquarters in New Delhi, India. The shares of the company are listed on NSE with the ticker symbol PARSVNATH and on BSE with code 532780.

Key Trigger: Co-Developer Deal Boosts Greater Noida Project

The strong investor interest comes after the company announced progress on its flagship residential project, Parsvnath Palacia in Sector Pi, Greater Noida. It announced that it has received co-development permission from the Greater Noida Industrial Development Authority (GNIDA).

Project Spans 8.65 Acres in the Heart of Greater Noida

The Parsvnath Palacia project spans 8.65 acres in the heart of Greater Noida. The project is adjacent to major landmarks such as the upcoming Jewar International Airport, Formula 1 circuit, and international sports stadium. The project is being designed with all the modern facilities, and will be a premium residential place.

The company is entering into a Co-Developer Agreement with OPAA Realty Private Limited under the UP Government’s policy framework. Now, OPAA Realty Private Limited will undertake construction and development of the project at its own cost and resources to ensure timely completion of the project.

Pradeep Kumar Jain, Chairman of Parsvnath Developers, said: “The Company is focusing on execution of on-going projects to achieve ‘MISSION POSSESSION’.”

REF: https://nsearchives.nseindia.com/corporate/PARSVNATH_17092025140310_Draft_Press_Release_Palacia.pdf

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