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Puravankara Projects enters into prime land deal in Pune

26 Nov 2014 Evaluate

Puravankara Projects has entered into a landmark Joint venture deal of approximately 30 acres of prime residential land in Mundhwa, east Pune. This Joint venture arrangement, which was structured by JLL India's Capital Markets division, will yield an expected 2 million square feet of prime residential space.

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.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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