Provident Park Square books 750 units on day one
Real Estate

Provident Park Square books 750 units on day one

Provident Housing, a 100 per cent subsidiary of Puravankara, has successfully completed the book building process for Provident Park Square, and revealed its opening price points based on demand and supply metrics analysed during its quasi booking building process. The project received over 1,300 EOIs and was oversubscribed by 1.6 times and the waitlist applications received allotments in the future phases. This price discovery mechanism works like a bidding process where preference is given to the bidder who was first in submitting an EoI.

Provident Housing, a 100 per cent subsidiary of Puravankara, has successfully completed the book building process for Provident Park Square, and revealed its opening price points based on demand and supply metrics analysed during its quasi booking building process. The project received over 1,300 EOIs and was oversubscribed by 1.6 times and the waitlist applications received allotments in the future phases. This price discovery mechanism works like a bidding process where preference is given to the bidder who was first in submitting an EoI.

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram