This area is the focal point for social, economic and religious interactions on a national and international scale. In addition, it is the beating heart of life urban life in the metropolis of Mashhad. Being the place for presence of pilgrims and the joint for link of the lives of pilgrims and citizens in the vicinity of the holy shrine of Imam Reza, this area has provided maximum investment opportunities. The majority of projects approved in the region have commercial and residential use, established in four branches of the region to provide services to pilgrims and citizens residing near the holy shrine of Imam Reza. It is notable that the region has an area of 365 hectares, 59 of which includes the area of direct involvement in the shrine.
Parand 2 Project:
This project will be established in the form of a commercial and residential complex with nine storeys and four floors under the ground with an area of 2578 m2 and a total floor area of 20626 m2. The saleable uses of the project include 4850 m2 commercial, 7941 m2 residential, and 7835 m2 parking lot. In total, the complex has 20 plaques, 16 of which have been purchased and four have remained.