Asia Pacific Real Estate Association awards Parsvnath in the "Emerging Markets - Property Valuation"

In yet another milestone for Indian Real Estate sector, Parsvnath Developers Limited has been bestowed with 'Merit Award' in the category of 'Emerging Markets- Property Valuation' by APREA (Asia Pacific Real Estate Association Limited). The award was part of the 2013 APREA Best Practices Awards for listed real estate entities. It recognizes Parsvnath Developers' commitment to enhancing the transparency and comparability of public real estate markets in the Asia Pacific region.

APREA has played a leading role in representing and promoting real estate in Asia, particularly in the areas of research and information, training for professionals and promoting real estate investment in Asia.

APREA's membership is strongly represented across all countries in Asia Pacific, including Australia, Hong Kong, China, India, Japan, Singapore, the Philippines, Malaysia and South Korea.

After receiving the award, Mr. Pradeep Jain, Chairman, Parsvnath Developers said, "The award is recognition of the collective efforts of all the people associated with Parsvnath Developers Ltd. It is indeed a very proud and happy moment for the entire Indian real estate industry. We have always tried to maintain transparency at every level and create benchmarks for the sector. I would like to thanks APREA for giving us this award and recognizing our work. APREA, which started in year 2005, has come a long way in promoting and facilitating investments in the real estate sector in countries where it operates."

Source : Equity Bulls

Keywords