Puravankara Group: The firm will launch its first project Provident Ecopolitan with an investment of over Rs 450 crore, located in Aerospace Park in North Bengaluru.
Provident Housing Limited, a subsidiary of the Puravankara Group, will invest over Rs 3,800 crore to construct a 5.8 million sq ft development dedicated to sustainable living. Over the next four years, the firm plans to launch its first project, Provident Ecopolitan, which resides in Aerospace Park in North Bengaluru.
Major real estate developers in India have seen their liquidity and credit profiles improve despite the Covid-19 pandemic, thanks to strong sales momentum in the housing market.