Puravankara’s wholly owned subsidiary -- Provident Housing is planning to launch its area sharing premium affordable housing development 'Provident Palm Vista' located near Shil Phata, Mumbai having a total saleable area of about 1.0 mn sq ft where its economic interest is 68.89% with certain clawback conditions. Besides, the company’s another 100% subsidiary -- T-Hills is also planning to launch its plotted development project 'Tivoli Hills' located near Devanahalli, Bangalore having a total saleable plot area of about 1.4mn sft. The pricing is based on Book Building method, where the price discovery process is driven by data from fundamental 'Demand-Supply' metrics.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.
