Puravankara forays into plotted property development
Puravankara Projects has planned to launch 5.5 mn sqft plotted development across Bangalore, Coimbatore and Chennai, apart from venturing into Pune, Hyderabad and Mumbai, under its subsidiary Purva Land. The company will focus on developing plotted development projects across the existing micro-market on its own and under the joint development model apart from expanding affordable and luxury homes projects. Ashish R Puravankara, MD of Puravankara, informed that the company has completed and delivered 40 mn sqft of the project and has around 21 mn sqft of projects under development across residential and commercial segments. The home buyers have realized the importance of owning a home now. The builder plans to launch 9mn sqft of residential assets over the next 12 months with its affordable housing arm, provident brand accounting for 82% of the launch pipeline.
📅Published on:
05 March 2021
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
