MoneyWorks4Me

Puravankara launches first affordable housing project

17 Jan 2018 Evaluate

Puravankara has launched first premium affordable housing project of the year -- Provident Park Square -- in a joint venture between Puravankara (Developer) and Keppel Puravankara Development (Landowner).

With an investment of Rs 600 crore, Provident Park Square at Judicial Layout, Kanakapura Road, Bangalore, is set to transform the ecosystem of affordable housing in the country. This project is a one of a kind mixed development project which caters to the needs of a new age home buyer. Like a micro mall, the property includes restaurants, retail stores and many more such lifestyle amenities. The property is developed using state-of the art precast technology. Provident Park Square is in line with Puravankara’s ambitious plan of developing 10 lakh sq.ft of affordable housing projects through the next 13- 15 months.

Puravankara is a leading real estate company in India, with presence in Bengaluru, Kochi, Chennai, Coimbatore, Hyderabad, Mysore, Mumbai and Pune.

Peers
Company Name CMP
Lodha Developers 1092.30
Prestige EstatesProj 1431.00
Dilip Buildcon 407.05
DLF 635.00
Oberoi Realty 1710.45
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