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.

With an approach to deliver high quality, innovative projects on time, Jaikumar Group of Companies has been making rapid strides with its blend of integrated engineering, procurement and construction services.

The mentioned companies undertake projects for various government or semi-government bodies as well as reputed clients from the private sector. The company is headquartered at Nashik and envisions the scaling of operations across the state of Maharashtra.

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