Provident Housing Ltd forays into Mangalore

BANGALORE: Provident Housing Ltd, a wholly- owned subsidiary of the real-estate developer Puravankara Projects Ltd, is foraying into Mangalore with the launch of its property ' Skyworth'.


"The Provident proposition with its dual emphasis on affordability and quality has been extremely well-received in other markets. We are delighted to bring this ' premium affordable' innovation to Mangalore," Group CEO Jackbastian K Nazareth said in a statement here.

The property is located on a hilltop which furnishes all its apartments with panoramic "sky-vistas", he said.

Provident Skyworth entails two bedroom apartments of 1091 square feet, priced at Rs 39.22 lakhs and three bedroom apartments of 1,377 square feet, priced at Rs 48.07 lakhs (prices are inclusive of open car-parking), Nazareth said.

These 'premium affordable' homes are of uncompromising quality, he added.

The company is embarking on similar initiatives across major cities including Mumbai, Delhi, Hyderabad, Coimbatore, Mysore, Pune, Baroda, Ahmadabad, Kolkata, Nagpur and Jaipur, Nazareth said.