Provident Housing Limited announced today the launch of the second phase of its Provident Ecopolitan project in Bengaluru, following the sell-out of its first phase. The new phase, scheduled to launch this weekend, will offer 581 residential units across two towers near the KIADB Aerospace Park.
The shares of Puravankara Limited closed at ₹347.25, down by ₹0.50 or 0.14 per cent on the NSE today.
The development includes 1 BHK units ranging from 530-590 sq. ft., 3 BHK units of 1,492-1,550 sq. ft., and 3.5 BHK units spanning 1,793-1,911 sq. ft. The project features over 30 lifestyle amenities and incorporates more than 45 indigenous flora species as part of its eco-friendly design.
CEO Mallanna Sasalu emphasised the project’s focus on sustainable living, highlighting features such as EV charging provisions and a ‘one tree per family’ initiative. The development’s location provides connectivity to Kempegowda International Airport and Yelahanka Railway Station, with access to the upcoming Bagalur Cross Metro Station.
Provident Housing is a wholly-owned subsidiary of Puravankara Limited. Established in 2008, the company operates across nine Indian cities, including Bengaluru, Mumbai, and Hyderabad.