Puravankara Projects
Century Real Estate Venture – the investment arm of Bangalore-based property developer Century Real Estate Holdings – has efforts underway to raise Rs. 350 crore for developing residential projects. Towards that end, the company is currently in discussions with Indiareit Fund Advisors. According to an unidentified source familiar with the matter, Century Real Estate Venture [...] Continue Reading »
One of the biggest property developers named Puravankara Project has recently come with an innovative project which is a villa. It is theme based and will be located at Bannerghatta road, found in the city of Bangalore. The project has been The Sound of Water has promised to come with a waterfall which will be [...] Continue Reading »
On the 17th of June 2014, there was an announcement made on behalf of the Puravankara Projects. It is their final decision to begin construction of a villa which would take up about 20 acres. The project is quite expensive and large chunks of money will be invested into this. Named as the “Sound of [...] Continue Reading »
The Puravankara Projects of Bangalore have come to a decision to work towards the increment of sales. In order to do so, they have come up with a scheme that would lead to the reduction of overall expenses of all those who are willing to buy a house. This scheme has been planned exclusively for [...] Continue Reading »
The strategy of City-based developers to market large-scale housing projects is seemed to be working. A theme-based project Purva Palm Beach in Hennur is launched by Puravankara Projects through an IPO-like book building mechanism. To sell its inventory of over 1,400 apartments in the Republic of Whitefield project, an Air Asia-like seat pricing method is [...] Continue Reading »
With increasing debt and low sales months after months, the real estate companies have thought of going to the Institutional Placement Programme (IPP) to sell the shares to the investors. This IPP route will be taken by the builders as against the Offer For Sale (OFS) way to comply with the Sebi norms of public [...] Continue Reading »
Provident Housing, a wholly-owned subsidiary of Puravankara Projects is planning to launch an affordable residential project in Mangalore. The project is spread over 4.15 lakh sq ft and comprises of 324 units. The name of the project is Skyworth, the property is located at Derebail, near Konchady, on the airport road, which is well-connected to [...] Continue Reading »
In the end of the year 2012, the performance of the National Capital Region lagged when compared to other major cities like Bangalore and Mumbai. This was due to the moderation of sales which were initiated due to the lack of new launches. According to a report, various Bangalore-based developers outperformed other markets, whereas Mumbai [...] Continue Reading »
Provident Housing Limited, subsidiary of Puravankara Projects, has announced the launch of the country’s largest premium affordable housing project in Bangalore. The project named ‘Provident Surworth‘ is a 6 million sq ft project spread over 60 acres, located off Mysore Road near the NICE Ring Road junction. The construction work will start soon. The project [...] Continue Reading »
Bangalore- A renowned developer of Bangalore, Puravankara Group, is all set to launch a residential township in off Mysore Road, near the Bangalore-Mysore Infrastructure Corridor ring road junction. The township project, ‘Provident Sunworth’, spreading across 60 acres of land, has been planned to include a built up area of 6 million square feet. It will [...] Continue Reading »
