|
Private Sector | Multi State - India | PID: 202831
|
Provident Housing Limited, a wholly owned subsidiary of Puravankara has announced a significant deal with HDFC Capital.
The Rs 1,150 crore investment will enhance of growth and expansion and will add an additional 6.2 million sq ft of new residential projects to the ongoing 14.8 million sq ft with a combined GDV of Rs 17,100 crore, which will be delivered over the next five to six years.
Provident, a large-scale community developer, has so far completed 15.1 million sq ft of projects across the country with a presence in nine cities, including Bengaluru, Hyderabad, Chennai, Goa, Kochi, Mumbai, and Pune. This partnership with HDFC Capital will help strengthen Provident Housing commitment to leveraging alliances to capitalise on emerging opportunities in the real estate sector.
| Updated on: 02 - May - 2024
|
|
|
|