We are here to stay and to give good value to our Customers: CEO, PACL
Raipur), 13th July, 2011: PACL, a reputed name in real estate for the last 15 years with a presence pan
India with its Housing, Commercial, Townships, and Hospitality Projects is here to stay and will continue to
give value to its customers.
"In fact we have massive growth plans and customers are calling in to reiterate their trust in our company
and the value we bring to them and their investments. Nothing can deter us from our path for growth to our customers especially at the lowest level in small towns and villages. A few vested interests may try and
are trying to spread a negative word here and there but facts speak for themselves and our customers are
with us. In fact it has only deepened our resolve to take our company to bigger heights," says Jyoti Narain,
CEO of PACL.
Brushing aside the recent negative reports in a section of the press Mr Narain clarified: "PACL has recently
wrongly being presented as a chit fund company along with some other companies. There is no truth in
the propaganda of PACL being a chit fund company, NBFC or in any business of collective investments.
At a time when many real estate developers are being accused of launching projects which are not
authorized by the Government, PACL has launched projects only after taking all the required clearances
from authorizing bodies. This truth speaks for itself and regulatory bodies and our customers will second
Mr. Narain further stated “PACL is not a chit fund company and is purely engaged into real estate and
related activities. These types of allegations had come up in past too but PACL won all the legal battles
against them from the Honorable High Courts of Rajasthan and Delhi. But if any customer still has any
concerns with any of our schemes, they are most welcome and can share their concerns with us. In fact for
this we have we have created helpline numbers 1800117314 (For MTNL & BSNL Users) & 011 - 43650000
(for other users), and in last one month itself the company has settled 51000 claims in Gwalior alone ”.
Customers have been the backbone of PACL and are absolutely satisfied with services provided by PACL,
and they are absolutely safe. It is stated and management confirmed availability of land worth Rs.75000 Cr.
PACL does not have any cases of default and have been regularly honoring all their agreements with their
PACL India Limited was incorporated on February 13, 1996 with the Registrar of Companies, Jaipur, under
Companies Act 1956. PACL is India’s premier ISO 9001:2008 & ISO 14001:2004 real estate Development
Company with multi-dimensional focus ranging from commercial to retail and residential segments. The
company is also engaged in the sale and purchase of agricultural land and supported with huge land bank.
It has its its registered office at 22nd, 3rd floor Amber Tower, Sansar Chand Road, Jaipur – 302004 ,and
Corporate office at 7th Floor, Gopaldas Bhawan, 28, Barakhamba Road, Connaught Place, New Delhi –
The company has its townships all across the country in all the major states like Delhi, Punjab, M.P,
Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, West Bengal, Gujarat, Himachal Pradesh, U.P. and
several projects are coming in Mumbai, Pune, Bangalore, Nagpur, Ludhiana, Karjat, Amritsar, Chennai,
Lucknow, Tuticorin (Tamil Nadu), Loni (Ghaziabad), Allahabad, Varanasi, Gurgaon, Rewari, Narnaul,
Sonipat, Kurukshetra, Karnal & Ambala.
For more information, please contact:
Jyoti Narain, CEO, PACL, Contact – 011-43650015