Parsvnath Palacia Pi I and II Greater Noida, Greater Noida

A complainant's son booked a flat in Parsvnath Palacia, Greater Noida on 14.05.2008 and was required to make payment by 28th June 2008 or face an interest of 24% per annum on the amount due.

Home buyers from Noida and Greater Noida protested outside the BJP headquarters in Delhi, expressing dissatisfaction with the lack of action against builders despite promises from BJP leaders.

Homebuyers in Greater Noida protested against the delay in the registry of their flats due to an ongoing dispute between the builder and local authorities; residents threatened to stop paying maintenance charges and sought intervention from the Prime Minister and Chief Minister.

Migsun Group announced it has taken over Parsvnath Palacia in Sector-Pi, Greater Noida, under the PMC model with a total gross revenue of Rs 250 crores; the project includes 2 & 3 BHK apartments spread over 9 acres.

Homebuyers from 16 housing societies in Greater Noida West protested against delayed registry of their flats, alleging a nexus between the builder and the authority. They claimed that their demands have not been heard for over a decade and that promises made by political leaders during elections were not fulfilled.

Homebuyers at the Hemisphere housing project in Greater Noida's sector 27 protested against a six-year delay in delivering their units, stating that construction has been halted and the developer has not provided a completion date.

Parsvnath Developers Limited responded to the non-bailable warrants issued against Sanjeev Jain, stating that the warrants were due to a default in repayment of a refund amount, and the company has since deposited the decretal amount.

The Supreme Court upheld the decision to refund flat costs to buyers in Delhi due to project delays and enhanced the interest rate from 9% to 12% per annum.

Parsvnath Developers announced the launch of 'Parsvnath Palacia', a new residential project in Greater Noida, spanning 8.65 acres, partnering with Opaa Realty for development and securing co-development approval from GNIDA.

Sobha is launching a new project in Sector 1, Greater Noida West, on a 13.5-acre land parcel, offering premium 2, 3, and 4 BHK apartments with G+45 floors and approximately 1375 units.

The Delhi State Consumer Disputes Redressal Commission directed Parsvnath Developers Ltd. to refund ₹4,00,000 with interest to flat buyers for failing to commence construction and deliver possession of a flat in Parsvnath Palacia, Greater Noida.

The Supreme Court upheld an NCLAT order asking NBCC to complete 16 Supertech housing projects, restraining tribunals and high courts from stalling construction; the NCLAT had directed NBCC to start the process of award of work before March 31, 2025, and ensure the awarding of the contract within a month thereafter.