Credit rating agency, ICRA has re-affirmed the long-term rating of Puravankara Projects’ as ‘BBB’, in respect of the various fund and non-fund based credit facilities sanctioned to the company.
Puravankara Projects is a leading real estate company in India, with significant presence in Bengaluru, Kochi, Chennai, Coimbatore, Hyderabad, Mysore and overseas in Sri Lanka. The company has 25.52 million square feet of projects under development with additional 79.83 million square feet in projected development over the next 7-10 years.
