In 2007, Parsvnath developers had planned developed the Chandigarh film city at Chandigarh with Satish Kaushik as technical advisor. [1] [2] The project has an agreement signed between Chandigarh Tourist Department and Parsvnath Developers. [2] As per the agreement, the Developer will pay 191 Crore for a lease period of 99 years. [1] [2] The film city will have a film studio, multimedia Park, a multimedia entertainment center, a multimedia college and research center. [1] [2] The film city was to have been called Parsvnath Film city. [3]
However, disputes between Parsvnath and the Punjab state government, which were contested through the courts, led to the collapse of the deal. [4] [5] [6]
In December 2019 hopes were renewed, with the state government announcing plans to directly develop such a site. [7]
In 2007, Parsvnath developers had planned developed the Chandigarh film city at Chandigarh with Satish Kaushik as technical advisor. [1] [2] The project has an agreement signed between Chandigarh Tourist Department and Parsvnath Developers. [2] As per the agreement, the Developer will pay 191 Crore for a lease period of 99 years. [1] [2] The film city will have a film studio, multimedia Park, a multimedia entertainment center, a multimedia college and research center. [1] [2] The film city was to have been called Parsvnath Film city. [3]
However, disputes between Parsvnath and the Punjab state government, which were contested through the courts, led to the collapse of the deal. [4] [5] [6]
In December 2019 hopes were renewed, with the state government announcing plans to directly develop such a site. [7]