Puravankara set to launch Rs 350 crore property in Bangalore

BANGALORE: Realty major Puravankara Projects today said it is set to launch Rs 350 crore property 'Purva Skydale' near Sarjapur main road, a hub for Bangalore's IT industry.

Purva Skydale is spread across 4.26 acres, and entails 314 'Maravilloso' homes, Puravankara said in a statement.

2 BHK apartments are sized between 1341 to 1371 sqft and 3 BHK between 1700 to 1929 sqft. The property is priced between Rs 4491 to 4995 per square foot, it added.

City-based Puravankara, a BSE listed company has significant presence in Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore and overseas in the United Arab Emirates, Kingdom of Saudi Arabia and Sri Lanka.

The company has successfully completed 41 residential and two commercial projects encompassing 16.52 million sq ft.

Currently, it said, it has 28.04 million sq ft of projects under development with an additional 81.57 million sq ft in projected development over the next 7-10 years.