Provident Housing secures ₹1150 crore investment from HDFC Capital, with a potential GDV of ₹17,100 crore

Provident Housing secures ₹1150 crore investment from HDFC Capital, with a potential GDV of ₹17,100 crore

Provident Housing Limited, a wholly-owned subsidiary of Puravankara Limited, has secured an investment of ₹1150 crore from HDFC Capital to develop 6.2 million square feet of new residential projects, the company said.This will add to the ongoing 14.8 million square feet with a combined GDV of ₹17,100 crores, which will be delivered over the next five to six years, the company said.Provident has so far completed 15.1 million square feet of projects across the country with a presence in nine cities, including Bengaluru, Hyderabad, Chennai, Goa, Kochi, Mumbai, and Pune. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Also Read: Eldeco and HDFC…
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Source: https://www.hindustantimes.com/real-estate/provident-housing-secures-rs-1150-crore-investment-from-hdfc-capital-with-a-potential-gdv-of-rs-17-100-crore-101714055836523-amp.html