Parsvnath Developers plans five-star hotel in Hyderabad

Parsvnath Developers plans to open a five-star hotel, shopping and office complex in Hyderabad.

MUMBAI: Parsvnath Developers plans to open a five-star hotel, shopping and office complex in Hyderabad.

This complex will have an area of 3 lakh square feet and the five-star hotel area will span across 1.75 lakh square feet with 186 rooms.

In addition to this project, the company has received government's approval for setting up a bio-technology and pharmaceutical special economic zone over 25 acres in Hyderabad.

At 3.11 PM, Parsvnath Developers shares, however, were down 1.19 per cent at Rs 312.60 on BSE with volume traded at 2,00,800 against two-week average of 3,89,458 shares.
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