Provident Housing, a subsidiary of the Puravankara Group, is entering the bridge-to-luxury residential segment with its inaugural project in Bengaluru. The project, located on IVC Road, spans 15 acres and will feature 288 units priced at approximately Rs 1.9 crore per unit. Provident Housing plans to focus on large township projects, aiming for a portfolio mix of 75% mid-income and 25% bridge-to-luxury homes.