In its plan to develop Lucknow’s first smart city project, which will spread across 80 acres of land on the Lucknow-Kanpur highway; Paarth Infrabuild would invest Rs 500 crores.
The proposed site will be at a distance of mere six kilometers. Chairman and Managing Director, Paarth Infrabuild Pvt. Ltd. added saying that, the government is keen on developing ‘Smart City‘ concept and Paarth Infrabuild would be among the first ones to execute it.
He said that Rs. 500 crore would be invested by raising funds through banks and financial in the first phase.