+
Provident Housing launches Rs 20 bn Sustainable Living Project
Real Estate

Provident Housing launches Rs 20 bn Sustainable Living Project

Provident Housing, a fully-owned subsidiary of the Puravankara Group, is gearing up for its next growth phase by committing an investment exceeding Rs 20 billion. This investment will be channelled into the development of a sprawling residential project spanning 5.8 million square feet over the upcoming four years. The focal point of this endeavour is embracing sustainable living principles.

This strategic initiative is anticipated to yield substantial results, projecting a revenue surpassing Rs 38 billion for the company. The flagship launch under this plan is named Provident Ecopolitan, a project that will see an initial investment of over Rs 4.50 billion. Nestled within Aerospace Park in North Bengaluru, Provident Ecopolitan will introduce an array of 956 apartments in versatile 1, 2, and 3 BHK configurations. These living spaces range from 625 to 1,427 square feet, with more than 60 per cent of the area dedicated to green spaces.

Mallanna Sasalu, CEO of Provident Housing, expressed his enthusiasm, stating, "The anticipation surrounding the launch of our latest venture, Provident Ecopolitan, is invigorating. It's evident that the amalgamation of an exceptional product and a strong brand allure continues to captivate potential homebuyers. The overwhelming response received since the unveiling of expressions of interest (EoIs) following RERA registration on August 11 underscores this fact. Our aim is to bestow upon our prospective residents a lifestyle that seamlessly merges luxury with eco-conscious architectural principles."

Sasalu further added, "This venture also strategically positions its inhabitants within easy reach of the city's prominent tech hubs, catering to a diverse spectrum of homebuyers. At Provident Housing, our commitment lies in furnishing top-tier amenities and meticulously planned layouts for our patrons, and this project stands as a pioneering example of our dedication to sustainable living."

Nestled amidst the heart of manufacturing and aerospace research facilities, the project promises to curate a sustainable and environmentally conscious lifestyle for its residents. It incorporates various sustainability elements, including water-efficient fixtures adorned with aerators, rooftop rainwater harvesting, and an advanced Membrane Bioreactor (MBR) Sewage Treatment Plant (STP) process, contributing significantly to reduced water demand.

At its core, Provident Ecopolitan is designed with sustainability in mind, offering its occupants a verdant abode enriched with over 45 indigenous tree species. The innovative "One Tree per Family" concept, coupled with features such as an organic waste converter and solar photovoltaic cells for common area illumination, substantiates its commitment to a greener lifestyle.

Provident Housing, a fully-owned subsidiary of the Puravankara Group, is gearing up for its next growth phase by committing an investment exceeding Rs 20 billion. This investment will be channelled into the development of a sprawling residential project spanning 5.8 million square feet over the upcoming four years. The focal point of this endeavour is embracing sustainable living principles.This strategic initiative is anticipated to yield substantial results, projecting a revenue surpassing Rs 38 billion for the company. The flagship launch under this plan is named Provident Ecopolitan, a project that will see an initial investment of over Rs 4.50 billion. Nestled within Aerospace Park in North Bengaluru, Provident Ecopolitan will introduce an array of 956 apartments in versatile 1, 2, and 3 BHK configurations. These living spaces range from 625 to 1,427 square feet, with more than 60 per cent of the area dedicated to green spaces.Mallanna Sasalu, CEO of Provident Housing, expressed his enthusiasm, stating, The anticipation surrounding the launch of our latest venture, Provident Ecopolitan, is invigorating. It's evident that the amalgamation of an exceptional product and a strong brand allure continues to captivate potential homebuyers. The overwhelming response received since the unveiling of expressions of interest (EoIs) following RERA registration on August 11 underscores this fact. Our aim is to bestow upon our prospective residents a lifestyle that seamlessly merges luxury with eco-conscious architectural principles.Sasalu further added, This venture also strategically positions its inhabitants within easy reach of the city's prominent tech hubs, catering to a diverse spectrum of homebuyers. At Provident Housing, our commitment lies in furnishing top-tier amenities and meticulously planned layouts for our patrons, and this project stands as a pioneering example of our dedication to sustainable living.Nestled amidst the heart of manufacturing and aerospace research facilities, the project promises to curate a sustainable and environmentally conscious lifestyle for its residents. It incorporates various sustainability elements, including water-efficient fixtures adorned with aerators, rooftop rainwater harvesting, and an advanced Membrane Bioreactor (MBR) Sewage Treatment Plant (STP) process, contributing significantly to reduced water demand.At its core, Provident Ecopolitan is designed with sustainability in mind, offering its occupants a verdant abode enriched with over 45 indigenous tree species. The innovative One Tree per Family concept, coupled with features such as an organic waste converter and solar photovoltaic cells for common area illumination, substantiates its commitment to a greener lifestyle.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?