Puravankara has already launched two luxury projects under its World Home Collection brand in Bengaluru and Chennai
Realty firm Puravankara Ltd has entered into plotted development segment and will start six projects over the next 6-7 months with an investment of about Rs 825 crore
Two of the four projects being funded are planned in Kochi and Bengaluru, with saleable area of 4.5 mn sq ft. About 4,000 housing units will be built in next 5-7 seven years
According to a report, Godrej Fund is in talks with Bengaluru-based developer for Rs 1,200 crore deal.
Puravankara launches Purva Atmosphere which will have a 40 feet high tower to purify 32 million cubic metres of air per day
The Bengaluru-based firm has so far completed 67 residential and only five commercial projects
Seven of these projects will come up in its affordable housing segment 'Provident' including one in Sri Lanka
The stock hit a fresh 52-week high of Rs 172, up 12% on the BSE on Tuesday, on back of heavy volumes in otherwise subdued market.