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New Delhi, May 14

Parsvnath Developers will soon commence work for a metro station-cum-shopping mall at the Commonwealth Games village site in the Capital. The company today performed the groundbreaking ceremony of the project. The Rs 160-crore mall and station are to be developed over 7.30 acres. Some 3,65,000 sq ft would be developed and the project would be completed by mid-2009.

Parsvnath has already entered into concession agreements to develop shopping malls on 11 stations owned by the Delhi Metro Railway Corporation on a build-operate-transfer basis. Of these, five have already been executed.

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