New Delhi, Parsvnath Developers Limited (PDL), Indias leading integrated infrastructure developer with pan India presence having a diversified portfolio has received safety certificate from DMRC (Delhi Metro Rail Corporation). The certificate was given to PDL in recognition for completing one million man hours worked without any reportable incident from July 1, 2009 to May 31, 2010.

PDL had got the prestigious order for the construction of station box at Dhaula Kuan in October 2008 from Delhi Metro Rail Corporation on the fastest metro corridor connecting New Delhi railway station to International Airport.

At the time of bagging the prestigious contract, Mr. Pradeep Jain, Chairman, PDL had said that the project reinforced the confidence of DMRC in execution capabilities of PDL and now this certificate depicts the safety standards followed by PDL during the construction phase. The project is nearing completion and will be handed over to DMRC by 15th July, 2010.

Speaking about this recent milestone, Mr. Pradeep Jain, Chairman, Parsvnath Developers Limited, said,

We are very glad to receive this certificate from DMRC. This certificate is a testimony of our commitment to safety at all our work sites. With the encouragement from this certificate, we will continue to maintain highest safety standards and will seek to achieve even higher levels of safety at work in the years to come and will create industry benchmark.

Notes to Editor

About Parsvnath Developers Limited

With more than 2 decades of experience in real estate development, having completed 39 projects with an area of 11.82 mn sq ft. PDL is currently working on 53 projects with a total area of 81.78 mn sq ft. out of which approx 40 mn sq ft. is already pre booked. While having PAN India presence the company has land reserves of ~ 194.74 mn sq ft. which is spread over 45 cities and 16 states. The companys business portfolio includes residential, commercial (office and retail), DMRC Projects, Hotels, SEZs, IT Parks, third party construction. The company has strong project execution capabilities and experienced in-house construction and procurement teams.