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Parsvnath Developers completes “Unity One Elegante” shopping mall in Delhi

October 7, 2025 at 08:09 AM UTCBy FilingReader AI

Parsvnath Developers Limited, through its JV Company with Unity Group, "Unity Parsvnaths LLP," has completed the development of "Unity One Elegante," a shopping mall in Netaji Subhash Place, Delhi. The company has secured the Occupancy-Cum-Completion Certificate from the Delhi Development Authority, indicating the mall will soon be open and operational.

The mall is built on 28,400 square meters of land and boasts a total leasable Super Built-up Area of 4,69,530 square feet, with most of the area already leased out. Positioned as a "Bridge to Luxury" mall, "Unity One Elegante" is directly connected to the Netaji Subhash Place Metro Station and Ring Road, aiming to be a central hub for shopping, dining, and entertainment with a focus on high-end brands and luxury fashion.

The development is expected to serve a high-income demographic in surrounding areas like Pitampura, Shalimar Bagh, and Ashok Vihar. It will host major retail and food and beverage brands, including PVR-Luxe, Lifestyle, H&M, McDonald's, and Starbucks, along with family entertainment centers like Funblock and Timezone.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:PARSVNATHBombay Stock Exchange

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