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MoneyWorks4Me

Puravankara to invest Rs 850 crore in next 4 years to develop ultra-luxury residential projects

23 Dec 2019 Evaluate

Puravankara is going to invest around Rs 850 crore over the next four years to develop three ultra luxury residential projects in Bengaluru, Chennai and Mumbai. The company will develop these three ultra luxury residential projects under a new brand 'WorldHome Collection'. The company currently sells apartments under Puravankara brand and affordable homes under Provident brand.

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 1005.00
Prestige EstatesProj 1433.00
Dilip Buildcon 390.30
DLF 670.00
Oberoi Realty 1614.65
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