Parnika Commercial & Estates was incorporated in 1989. In a span of 25 years, it has become a name to reckon with in the field of construction and real estate development by executing prestigious projects of Defence Research and Development Organization, Ministry of Defence, PWD, Indian Railways, Central Warehousing Corporation etc. The company has evolved from constructing residential buildings and offices to executing highly advanced and specialized infrastructural work that is significant to the nation’s defense and development.
We have completed more than 70 projects of strategic importance to the country. Most of these projects were executed in difficult geographical and political terrains that require adoption of several unconventional yet effective techniques.
In 1998, we managed to raise the water level of Prachu river at the Indo-Tibetan Border to a vertical height of 150 meters. This facilitated availability of fresh vegetables and water for at least the summer months to Indian troops stationed there. In Chandipur-Outer Wheeler Island, we built the launch pad for Agni Missile. In Naxalite-stricken Chhatisgarh, we have completed some very difficult works for the Ministry of Defence. We are responsible for the modernization of Central Ordnance Depot, the first of its kind initiative, to cater to automatic storage and retrieval system of explosives.
During this period, we crossed another milestone with the completion of DRDO Headquarter building just across South Block of Central Secretariat, New Delhi. The project was completed well before the stipulated time and was immensely appreciated by the Hon’ble Prime Minister, Dr. Manmohan Singh, himself at the time of its inauguration on 13th May, 2006.
Currently, we are constructing the headquarters for the AICTE, Ministry of HRD in Vasant Kunj, New Delhi. This project is likely to be inaugurated by the Hon’ble Prime Minister, Mr. Narendra Modi, in 2015.
The company has a strong organizational set up with the help of dedicated teams of professionals and engineers having vast experience in the field of construction. Besides, the financials, legal administrative matters are also taken care of by experienced professionals. Presently the company has strength of about 25 senior level managers, 50 engineers, and 250 technical personals as construction team.