MoneyWorks4Me

Puravankara’s arm purchases landowner’s share in Adora De Goa project

17 Jun 2024 Evaluate

Puravankara’s wholly?owned subsidiary -- Provident Housing in its normal course of business has purchased the landowner’s share in its Adora De Goa project, in Dabolim, South Goa for a consideration of Rs 122 crore with additional GDV of Rs 215 crore. The said project is registered with real estate regulatory authority, Goa. 

The objective of acquisition is for residential development within the existing project at Provident Adora De Goa by Provident Housing. 

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 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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