Puravankara will invest Rs 750 crore on construction of ongoing projects in the current fiscal and is looking for joint venture (JV) partners to expand business. The Bengaluru-based developer also plans to launch 7-8 million square feet area in 5 projects in 2017-18. The company had invested Rs 2,000 crore during last two fiscals on construction of projects.
Besides, the company has a pipeline of over 22 million square feet over the next two years in six markets -- Bengaluru, Chennai, Hyderabad, Pune, Mumbai and Goa -- where it has presence.
Puravankara is a leading real estate company in India, with presence in Bengaluru, Kochi, Chennai, Coimbatore, Hyderabad, Mysore, Mumbai and Pune.
