Parksyde is an initiative of “Jaikumar Group of Companies”. Some of the prominent companies of the promoters are Jaikumar Real Estates Pvt. Ltd., Jaikumr Constructions Ltd. (Previously known as Jaikumr Constructions LLP) and Vastu Shilp Grih Nirmiti Pvt. Ltd. The focus areas of these companies include sectors such as, residential and commercial real estate construction and land development.