Parsvnath Developers Ltd has informed BSE regarding a Press Release being issued by the Company relating to announcement of an association with Mr. Sabeer Bhatia and Haryana State Industrial and Infrastructure Development Corporation Ltd (HSIIDC) promoted Nanocity Haryana Infrastructure Ltd for development of a knowledge city named as ‘Parsvnath Nanocity’ in Panchkula near Chandigarh. Further the Company has issued a Press Release dated July 16, 2008 titled “Parsvnath Nanocity - 11,000 acre - India’s Silicon Valley - Knowledge City”