Puravankara Projects Ltd
The Securities and Exchange Board of India (Sebi) is all set to approve the guidelines for real estate investment trust (REITs) and other infrastructure investment trusts (InvITs) at its board meeting on the August 10 in the capital. The Narendra Modi government had announced plans for such trusts in the July 10 Budget that was [...] 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 »
According to the Securities and Exchange Board of India (Sebi), Puravankara Projects commercial real estate scheme does not fall under the collective investment scheme (CIS) category because the scheme did not involve any offer for pooling of funds for assured returns. Sebi’s viewpoint on the commercial real estate scheme floated by Puravankara Projects comes in [...] 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 »
Puravankara Projects Ltd, a Bangalore-based real estate company, has launched a premium project. Purva Whitehall, a Rs 300-crore ultra premium segment project is located on Sarjapur main road in Bangalore. The Purva Whitehall is a four lakh square feet project comprising of 192 units, including three and four bedroom apartments ranging from 1,867 sq feet [...] Continue Reading »
