Realty firm Puravankara Ltd on Thursday said its subsidiary Provident Housing Ltd has raised Rs 1,150 crore from HDFC Capital for development of housing projects.
COMMERCIAL BREAKSCROLL TO CONTINUE READING”This strategic collaboration will add an additional 6.2 million square feet of new residential projects to the ongoing 14.8 million square feet with a combined GDV (gross development value) of Rs 17,100 crore, which will be delivered over the next five to six years,” the Bengaluru-based Puravankara said in a regulatory filing.
Provident Housing has so far completed 15.1 million square feet of projects across the country with a presence in nine cities, including Bengaluru,…
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