Puravankara launches Rs 17 bn project at Chennai

Puravankara Projects has announced a Rs 1,700 crore luxury residential project at Pallikaranai, Chennai. Purva Windermere, coming up on 55 acre, will have 2,688 units to be completed in 48 months' time. The company will complete the project in three phases, with the first phase comprising 728 housing units to be delivered in the next 30 months.The company will raise Rs 225 crore by issuing debentures for the project and will infuse Rs 75 crore out of this in the initial stages.Contact: Puravankara Projects Ltd.Tel: 080-2559 9911.Fax: 080-2559 9350.Website: www.puravankara.com