Parsvnath Developers Ltd.

Browse 33 projects by Parsvnath Developers Ltd. in Jodhpur, Ghaziabad, Agra, 16 RERA-registered. Status, RERA details and buyer discussions.

Address: 19, Arunachal Building, 6th Floor, Barakhamba Road, Delhi-110001, INDIA.

Projects by Parsvnath Developers Ltd.

Legal & regulatory

Parsvnath Developers Ltd is under Supreme Court enforcement over undelivered flats and unrefunded homebuyer money across the group. Corporate insolvency proceedings have run since 30 April 2026 and the Insolvency Resolution Professional has received about 3,000 homebuyer claims. On 13 July 2026 the Supreme Court froze the bank accounts of the company and its directors and issued bailable warrants against them, remarking on the 'slumber' of the regulatory authorities. On 21 July 2026 it gave one week to deposit the entire recoverable amount with 12% annual interest into the court registry, the Chief Justice saying the next step is jail. On 8 September 2026 the court rejected the company's proposal to hand over possession within a year and repay buyers, calling it 'another device' to delay, directed a deposit of Rs 500 crore with the registry, and warned it will appoint a High-Powered Committee to take over all responsibilities unless a fresh proposal satisfying every allottee is filed. The court has held that pending insolvency does not shield the company or its directors from complying. About 24 Parsvnath housing projects and more than 10 pending cases are involved. A buyer looking at any Parsvnath project should treat completion as dependent on the outcome here, and check the position of their own tower separately.

Enforcement of HRERA refund orders against Parsvnath Developers Ltd and subsidiaries

Corporate insolvency resolution process (IBC)

In the news

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