Happy Square Outsourcing IPO opens today: Check detailsThe Initial Public Offering of Happy Square Outsourcing Services, known as White Force, is set to open today. The IPO aims to raise Rupees ...
KVN Properties and Puravankara join forces for Rs 3,300 crore residential project in north BengaluruKVN Property Holdings and Puravankara Group have partnered in a joint venture to develop a 24.59-acre land parcel in North Bengaluru, proje...
Puravankara acquires 12.75-acre land parcel on Thane’s Ghodbunder RoadRealty developer Puravankara's subsidiary, Purva Oak, acquired 12.75 acres in Thane's Patlipada for a premium residential project with an e...
IPO calendar: 6 new issues, 5 listings to keep primary market busy next weekIn the week gone by, two mainboard IPOs Juniper Hotels and GPT Healthcare opened with a target to raise Rs 2,325 crore.
Puravankara pre-sales grew 56% to Rs 1,241 crore; to maintain 30% EBITDA margin: Group CEOAbhishek Kapoor says: “Project to project, micro market to micro market, we will see different increases in prices. But the good part is as...
Puravankara and Purva Real Estate Fund acquires more than 100 acres of land in Chennai“Puravankara and the AIF fund partly acquired the land. The biggest strength of plotted projects is clarity on the title and government-app...
Purva Asset Management invests Rs 93 crore from its first alternative investment fund (AIF-II)“The Purva Southbay project launched in Chennai was sold out within 3 days of its launch. Encouraged by this success from our Alternative I...
Puravankara's arm receives Rs 200 crore commitments from investorsIn 2020, IFC and IFC Emerging Asia Fund partnered with Puravankara to invest $76 million in the latter’s affordable housing projects in Ind...
Puravankara rejigs leadership team, hires senior professionals before fund raiserThe firm had recently hired Malanna Sasalu as the head of its affordable housing business and Sanjay Daga to drive its business in Western ...
Embracing Flexible Data Governance
Puravankara to invest Rs 3,000 cr in developing residential projects spanning over 14 mn sq ft in five yearsThe Bengaluru-based company also plans to launch its affordable homes brand, Provident, in the Mumbai Metropolitan Region (MMR) and Pune in...
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...
Puravankara plans to invest Rs 450 crore to develop residential project in MumbaiThe project in Chembur is its first ultra-luxury project Purva Clermont under its WorldHome Collection brand and the developer expects reve...
Puravankara Ltd forays into plotted development to diversify its businessThe firm plans to launch 5.5 mn sft plotted development across Bangalore, Coimbatore and Chennai apart from venturing into Pune, Hyderabad ...
Puravankara forays into uber luxury residential businessReal estate firm Puravankara has entered the uber luxury real estate segment under the Purva WorldHome collection brand, targeted at a nich...
Provident Housing set to raise funds from private equity firms for expansionProvident Housing currently contributes 30% to the group's revenue, while 70% comes from the Purva brand that constructs middle-income and ...
- J P Morgan provides $70 million debt fund to Puravankara
JP Morgan, through its proprietary and asset management arms, has been a prolific investor in Indian real estate and infrastructure sectors.