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Puravankara planning to enter into co-living segment

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 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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