Realty firm Puravankara Ltd has chalked out a plan to launch 14 new projects in the next 12-15 months entailing an investment of about Rs 3,200 crore in construction over the next five years.
Betting big on affordable housing, which has got infrastructure status in this year's budget, the Bengaluru- based developer will launch six new projects under its low- cost housing brand 'Provident' and the rest under premium 'Puravankara' brand.
"We will be launching 14 projects, comprising about 15 million sq ft of developable area and nearly 15,000 housing units, by the end of next year," MD Ashish R Puravankara told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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