Provident Housing to launch 5.8 mn sq ft of inventory worth ₹3,800 crore
1 year ago

Provident Housing to launch 5.8 mn sq ft of inventory worth ₹3,800 crore

Hindustan Times  

Bengaluru-based real estate developer Puravankara Limited’s community housing arm, Provident Housing Limited, is expected to launch 5.8 mn sq ft of inventory worth ₹3,800 crore by end of the fiscal in markets such as Bengaluru, Kochi, and Chennai, the company’s chief executive officer Mallanna Sasalu said on December 6. The company has launched inventory worth ₹1,300 crore so far in North Bengaluru this year, spread across 1.6 mn sq ft. The company had announced that it intends to come up with five housing projects valued at over ₹3,800 crore by the end of the financial year. Provident Housing currently has projects spread across an area of 12.5 mn sq ft under construction and contributes around 50 percent to the Puravankara Group.

History of this topic

Provident Housing announces launch of residential project in Chennai
1 month ago
Provident Housing secures ₹1150 crore investment from HDFC Capital, with a potential GDV of ₹17,100 crore
7 months, 4 weeks ago

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