MoneyWorks4Me

Puravankara Projects eyes Rs 700 crore revenue from housing project near Bengaluru

11 Dec 2015 Evaluate

Puravankara Projects is expecting to garner revenue of around Rs 700 crore from the second phase of ongoing affordable housing project near Bengaluru. The company has launched the second phase of ‘Provident Sunworth’ project comprising about 1,400 housing units.

The 60-acre project located at NICE-Mysore Road junction is being developed by Puravankara’s arm Provident Housing. Nearly 6,000 flats would be developed in the entire project. The special pre-launch price for a 2 bedroom apartment starts from Rs 33 lakhs and 3BHK apartment from Rs 39 lakhs.

Puravankara Projects is a leading real estate company in India, with significant presence in Bengaluru, kochi, Chennai, Hyderabad and Mysore.

 

Peers
Company Name CMP
Lodha Developers 1103.80
Prestige EstatesProj 1435.00
Dilip Buildcon 408.40
DLF 630.45
Oberoi Realty 1709.95
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