Puravankara planning to enter into co-living segment

Puravankara Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 532891 | NSE: PURVA

26 Aug 2019 Evaluate

Puravankara is planning to enter into co-living segment and also planning develop its first project, comprising over 1,000 beds, in Mumbai. The company has identified a project in Goregaon, Mumbai to enter into this growing segment.

However, the company is yet to decide whether it would foray in this business under a separate brand or would partner with some existing co-living operators.

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

Peers

Company Name	CMP
Lodha Developers	1101.00
Prestige EstatesProj	1437.60
Dilip Buildcon	408.00
DLF	643.05
Oberoi Realty	1727.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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