While the detection of $W_R$-boson at the Large Hadron Collider is likely to resolve the mystery of parity violation in weak interaction, observation of neutrinoless double beta decay ($0 ubetabeta$) is expected to determine whether neutrinos are Majorana fermions. In this work we consider a class of LR models with TeV scale $W_R, Z_R$ bosons but having parity restoration at high scales where they originate from well known Pati-Salam symmetry or $SO(10)$ grand unified theory minimally extended to accommodate inverse seesaw frame work for neutrino masses. Most dominant new contribution to neutrinoless double beta decay is noted to occur via $W_L^{-}W_L^{-}$ mediation involving lighter sterile neutrino exchanges. The next dominant contribution is found to be through $W_L^{-}W_R^{-}$ mediation involving both light and heavy right-handed neutrino or sterile neutrino exchanges. The quark-lepton symmetric origin of the computed value of the Dirac neutrino mass matrix is also found to play a crucial role in determining these and other results on lepton flavor violating branching ratios for $tau rightarrow e + gamma$, $tau rightarrow mu + gamma$, and $mu rightarrow e + gamma$ accessible to ongoing search experiments. The underlying non-unitarity matrix is found to manifest in substantial CP-violating effects even when the leptonic Dirac phase $delta_{rm CP} simeq 0, pi, 2 pi$. Finally we explore a possible origin of the model in non-supersymmetric SO(10) grand unified theory where, in addition to low mass $W_R^pm$ and $Z_R$ bosons accessible to Large Hadron Collider, the model is found to predict observable neutron-antineutron oscillation and lepto-quark gauge boson mediated rare kaon decay with $mbox{Br} left(K_{rm L} rightarrow mu, bar{e}right) simeq left(10^{-9}- 10^{-11} right)$.
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