Provident Housing secures Rs 1,150 crore from HDFC Capital Advisors for expansion. The collaboration aims to add 6.2 million sq ft, with a combined portfolio value of Rs 17,100 crores, focusing on delivering quality homes across various cities.
Provident Housing Limited a wholly owned subsidiary of Puravankara Limited one of Indias most trusted and admired real estate companies announces a significant deal with HDFC Capital. The INR 1150 crore investment marks a milestone in the companys journey of growth and expansion.
Provident Housing and HDFC Capital collaboration will add an additional 6.2 million sq ft of new residential projects with a combined gross development value (GDV) of Rs 17,100 crore.
HDFC Capital invests ₹1,500 crore in Provident Housing thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.