Parsvnath Developers Ltd has announced its plans to invest about Rs 15 crore to build a luxury housing project at Moradabad in Uttar Pradesh. The project, 'Parsvnath Residency' would offer 34 luxury housing units comprising 66, 311 sq ft for saleable area. Besides this, the company is also developing a housing project,'Parsvnath Pratibha' and a shopping mall in the city.