Parshwanath Corporation, earlier known as Parshwanath Housing Finance Corporation was incorporated in 1986. It is part of the Parshwanath Group, which in its 40 years of existence has been associated with 120 projects, 20,000 designed spaces, 10.7 million square feet built up spaces and 26 million square feet land development in and around Ahmedabad. In 2011 the company changed its name from Parshwanath Housing Finance Ltd. to Parshwanath Corporation Ltd.
The registered office of the company is located at 50, Harsiddha Chambers, 3rd Floor, Ashram Road, Ahmedabad-380014, Gujarat.
Business area of the company
The company provides housing finance loans for the various group projects. It offers loans especially to the low-income group at much more attractive rates than the prevalent lending rates in the informal sector. Loans are extended directly to borrowers and also channeled from the state corporation, Gujarat Cooperative Housing Finance Corporation.