Puravankara Ltd's subsidiaries launch new projects

The wholly owned subsidiaries of Puravankara Ltd are launching below mentioned projects and the pricing is based on Book Building method, where the price discovery process is driven by data from fundamental 'Demand-Supply' metrics.

Provident Housing Limited, a 100% subsidiary of the company proposes to launch its area sharing premium affordable housing development 'Provident Palm Vista' located near Shil Phata, Mumbai having a total saleable area of about 1.0 mn sq ft where our economic interest is 68.89% with certain clawback conditions.

T-Hills Private Limited, a 100% subsidiary of the company proposes to launch its plotted development project 'Tivoli Hills' located near Devanahalli, Bangalore having a total saleable plot area of about 1.4mn sft.

Shares of Puravankara Limited was last trading in BSE at Rs. 132.40 as compared to the previous close of Rs. 134.50. The total number of shares traded during the day was 97959 in over 1613 trades.

The stock hit an intraday high of Rs. 136.30 and intraday low of 130.75. The net turnover during the day was Rs. 13030106.00.

Source : Equity Bulls

Keywords

Puravankara INE323I01011 PURVA Realty Projects ProvidentPalmVista TivoliHills Mumbai Bangalore