Puravankara has informed that Provident Housing, a wholly owned subsidiary of the company, in its normal course of business has acquired the rest of the land within the existing project: ‘Provident Adora De Goa’ situated at Dabolim, Goa for the purpose of residential development, from the existing landowners at the cost of Rs. 90 Crore, through the loan taken from Piramal Enterprises, having a potential Gross Development Value - 2,59,000 sq ft *Rs 7000. The said project is registered with GOA RERA and the details of the same is available with RERA at https://rera.goa.gov.in.
The above information is a part of company’s filings submitted to BSE.