Corporate Profile

Paras Housing has crafted homes with minutest details to quality, technology and modern concepts. The company lays immense emphasis on obtaining all legal sanctions and relevant permissions from the concerned authorities for all their projects. Paras Housing has continually pioneered newer technologies, bold design and precision engineering to create landmark residential projects.

With a number of successfully completed and timely delivered mega projects, it has become synonymous to quality, commitment towards customers, reliability and excellence in architecture. The company has always strived towards keeping up to the enormity of trust and faith placed in them and has ensured to stand up to rigorous scrutiny in every possible manner.

Quality Policy

At Paras Housing we have one point objective - to give our customers true value for their money. Optimum utilization of natural wealth at every site , high quality construction, all legal sanctions and permissions,on time delivery and possession of flats remain the hallmark of Paras Housing and serve in fulfilling our objective. We strive to create community living spaces that foster a sense of peace & harmony for each individual.

Paras Housing has given Bhopal impressive architectures like-

Paras City

The millennium project completed in the year 2003; is an ultra modern colony with 16 multi storied buildings at an enviably prominent location.

Paras Majestic

Completed in the year 2005, reflects the most modern expertise in independent living. It is more than a prestigious address to an exclusive bungalow society with over a 100 independent duplexes with an overlooking lush green surroundings and scenic hills.

Paras Hermitage

The 'Signature Apartments', is a tribute to modern living. Completed in the year 2008, this project is a beautiful spread of residential complex that has fostered to the strong sense of community living.

Paras Midas

Completed in the year 2014, this project spreads across 25 acres of land having 240 residential plots, commercial plots and a school. Situated near Bhopal-Narsingarh highway and surrounded by incredible beauty of nature, it is an ideal place to experience fine living in your dream home.

Paras Urbane Park

Paras Urbane Park, completed in 2016, is a star studded lifestyle destination with 144 flats, built amidst wide canvas of green spaces. A luxurious colony of premium residences, crafted with utmost importance to design and detailing of spaces, making it an excellent blend of beauty and practicality. A hub of modern amenities, it caters to the health conscious and the social needs as well.


Paras Urbane Park was assigned the "Bhopal 5 star" Grading in the year 2014 and 2017

Project Grading Drives :

Location

The project is located near Arera Colony, in the E-8 extension area at Bawadia Kalan in Bhopal (Madhya Pradesh [MP]). The project is in proximity to various schools, colleges, hospitals, and shopping areas such as Bittan Market; and is connected by Habibganj Railway station, which is about 3 kilometers (km) from the site. The project is about 20 km away from Bhopal airport.

Project legal quality

The project has a clear and marketable land title, free from encumbrances as certified by the project's legal consultant, Advocate CM Rawtiya. The customer allotment letter does not contain details with respect to possession date, defect liability and delay compensation. However, the allotment letter mentions payment plan, maintenance clause, and penal interest by customer in case of delay in payments and transfer charges.

Construction quality

The structural quality of the project is backed by the sound track records of the architect (LS Vaswani Architects) and structural consultant (Safe Consultants); the developer has engaged a local civil contractor (Manjeet Constructions).

Project financial quality

The project has strong financial quality backed by high sales, leading to robust flow of customer advances and available credit from banks. The project is funded mainly through customer advances, bank line, and promoters' equity.

Amenities

Amenities include clubhouse, swimming pool, landscaped garden at podium level, children's play area, mini cricket pitch, squash court , gym room and CCTV surveillance.

Project sponsor quality

The project's sponsor quality is marked by the extensive experience and goodwill of the promoter in Bhopal and Indore (MP) real estate markets.