01 Aug 2020
Puravankara Group to launch 11 residential projects in FY2021
Bengaluru-based realtor Puravankara Group plans to launch 11 residential projects with a total saleable area of around 10.23 mn sq ft this fiscal, even as the COVID-19 pandemic continues to impact the sector.
The company, which already launched two projects in the first quarter of the fiscal, plans to launch a total of six projects under the Purvanakara luxury brand and five under the Provident affordable housing brand. The company is expecting revenue of over Rs.60 bn from these 11 projects with an average realisation of Rs.7,500 per sq ft from Purvanakara projects and Rs.5,500 per sq ft from Provident projects.
Contact: Puravankara Group.