Parand New City 16,080–unit Housing Project, Iran’s largest, is being designed and built by Kayson on the basis of a memorandum of understanding that Kayson has signed with Parand New City Development Company (land provider) and Bank Maskan (credit provider). The township is built via Kayson’s mass housing method, the “Cast-in-Situ Monolithic Reinforced Concrete Construction System”. The layout of these residential blocks is in such a way that enables constructing and providing all the infrastructures and welfare facilities needed for creating a township.

Parand New City 16,080–unit housing complex is one of the world’s fastest and most cost-effective reinforced concrete industrial mass housing projects. Long durability, resistant to the strongest earthquakes and other natural disasters are some of the other achievements of this project to be mentioned. In this project, designing and constructing 16 sets of wall formwork and 128 sets of ceiling formworks enables Kayson to construct 64 housing units per day.