Puravankara’s 100% subsidiary - Provident Housing has marked its grand entry into Goa with the launch of its maiden property ‘Adora de Goa’. Located near Dabolim, the near 32-acre land with panoramic ocean view is located strategically in Central Goa, equidistant to both the lively beach destinations of North Goa and tranquil beaches of South Goa.
Provident Housing, a Puravankara company will invest about over Rs 500 crore (land plus construction) to develop this affordable luxury housing project. The construction contract has been awarded to L&T. The project is expected to deliver a Sales Volume of close to Rs 1,000 crore over the next 5 years or so.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.