Unity Buildwell Limited and Parsvnath Developers Limited have formed a Limited Liability Partnership to create a high-end shopping mall near the Netaji Subhash Place Metro Station in Delhi.
The land, which measures 28,400 sq. mtrs. and has a potential leasable area of 4,00,000 sq. ft. (approx. ), was allotted on a BOT basis by Delhi Metro Rail Corporation Limited.
“The construction and development work at the Project site has commenced after obtaining all the requisite sanctions and approvals in respect of the Project, including the approval of DMRC for development of the Project by Unity Parsvnaths LLP,” the company said in a stock-exchange disclosure.