Puravankara Projects’ arm launches affordable property project in Bengaluru

01 Oct 2014 Evaluate

Puravankara Projects’ wholly owned subsidiary - Provident Housing, has launched ‘The Tree by Provident’, a premium affordable property in West of Bengaluru. The Tree by Provident is a project to restore the greenery in Bengaluru, a city once referred to as the Garden City. The project is expected to add revenues of Rs 225 crore.

The Tree by Provident offers buyers wide range of 1, 2 BHK and 3 BHK apartments ranging from 605 to 1322 square feet in size, at a price of Rs 24 lakhs onwards. Set amidst 6 acres of prime property in Herohalli, off Magadi Road in West Bengaluru, the project will house 560 homes. Located 7 km from the Peenya Industrial area, this project is close to Tumkur Road and the Outer Ring Road and is within proximity to the prominent neighbourhoods of Malleswaram and Rajajinagar.

Puravankara Projects is a leading real estate company in India, with significant presence in Bengaluru, Kochi, Chennai, Coimbatore, Hyderabad, Mysore and overseas in the United Arab Emirates, Kingdom of Saudi Arabia and Sri Lanka. The company has successfully completed 41 residential and 2 commercial projects encompassing 16.52 million square feet.

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