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PURAVANKARA GROUP EXPANSION
Nisus Finance to raise up to Rs 4,000 crore through a real assets investment platformNisus Finance is launching a real assets platform to raise up to Rs 4,000 crore, targeting yield-generating and value-accretive real estate...- SC asks Karnataka HC to expeditiously decide ED-Embassy dispute, declines to interfere with interim orderA Bench of Justice Dipankar Datta and Justice Augustine George Masih passed the order while hearing a Special Leave Petition filed by the E...
- Listed real estate developers move beyond home cities to tap growthMajor real estate firms are shifting focus from their home cities. Companies like Godrej Properties and Prestige are expanding into other m...
- Bengaluru based Puravankara completes fifty years in Indian real estate, now plans ₹18,000-crore expansionPuravankara is set for significant expansion. The company plans to launch 15 million square feet of projects valued at ₹18,000 crore in the...
- Abhishek Kapoor appointed as CEO, My Home ConstructionsMy Home Constructions has appointed Abhishek Kapoor as its new Chief Executive Officer with immediate effect. Kapoor, who resigned as Group...
- Abhishek Kapoor appointed as CEO, My Home ConstructionsMy Home Constructions has appointed Abhishek Kapoor, former Group CEO of Puravankara Limited, as its new CEO. With over two decades of expe...
- Puravankara appoints Mallanna Sasalu as CEO – South; Abhishek Kapoor resignsPuravankara Ltd. appointed Mallanna Sasalu as CEO – South, pending approvals, as Abhishek Kapoor stepped down. Sasalu, with 32 years of exp...
- Developers go clean & clear for high-growth market needsLarge property developers in India are increasingly securing legally clear land to meet the growing demand for residential, data center, an...
- Puravankara Limited Appoints Deepak Rastogi as Group CFOPuravankara Limited appoints Deepak Rastogi as Group CFO effective January 15, 2025. With over three decades of finance and strategy experi...
- South realtors like Prestige Group, Puravankara and Sobha eyeing Mumbai property market"Buoyed by the realty bull run, enough opportunities have emerged for more players to participate here. During the last downturn many devel...
- Puravankara aims to secure 20 million square feet of land by the end of the fiscal yearPuravankara's strategic plans include reducing net debt, optimizing debt costs, and utilizing its extensive land bank for future expansion ...
- Puravankara Q4 Results: Loss narrows to Rs 7 crore YoY; revenue shoots up 112% YoYThe firm has launched 12 projects with a saleable area of 9.47 million square feet, reinforcing its expansion into high- potential micro-ma...
- Puravankara arm Provident Housing raises Rs 1,150 crore from HDFC CapitalProvident Housing secures Rs 1,150 crore from HDFC Capital Advisors for expansion. The collaboration aims to add 6.2 million sq ft, with a ...
- Piramal Enterprises invests over Rs 500 cr in Puravankara ProjectsThe investment encompasses a range of projects, spanning from commercial properties to residential ventures, reflecting a strategic collabo...
- Puravankara records Rs 2,725 crore in sale value, up by 109 per cent in second quarterReal estate firm Puravankara Limited achieved a record sale value of Rs 1,600 crores in Q2FY24, marking a 102% increase compared to the sam...
- Provident Housing Limited appoints Mallanna Sasalu as its new Chief-Operating OfficerIn a career spanning 3 decades, Mallanna has created several profitable real estate models under his leadership. In his new role, he will s...
- Godrej Fund Management buys land parcel in Bangalore from Puravankara for Rs 700 croreGodrej Fund Management, the real estate-focused private equity arm of the Godrej Group, has bought a land parcel, with 1 million sq ft deve...
- Puravankara in talks with global funds for Rs 3,000-crore investment platformsThe Bengaluru-based company is in talks with Ascendas, GIC and Brookfield Properties among others for the proposed investment, two people c...
- Realty companies opt for joint play to save on costsSky high land prices and clear need to conserve cash are forcing some real estate cos to do joint development deals with landowners. Women'...
- Oberoi in alliance mode for scaleHospitality major Oberoi Group is said to be in advanced negotiations with Bangalore-headquartered realty developer Puravankara Projects (P...
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