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Puravankara unit to launch new project in Mangalore

A. J. Vinayak | | Updated on: Feb 11, 2013

Provident Housing Ltd, a subsidiary of Puravankara Projects Ltd, will launch its residential apartment project in Mangalore. 

Addressing presspersons here on Monday, V. Madhu, Managing Director of Provident Housing, said that the company’s property — Provident Skyworth — will be situated atop a hill at Derebail Mangalore. Spread over 4.15 lakh sq ft, it will have 324 units.

A two-bedroom apartment of 1,091 sq ft is priced at Rs 39.22 lakh and a three-bedroom unit is priced at Rs 48.07 lakh.

Based on the response for this project, the company may consider other projects in the city, he said.

To a query on the future projects, Madhu said the company will soon launch a project in Coimbatore. In Bangalore, three more projects will come up. Land has been located for a project in Hyderabad. Plans are there to start a project in Chennai, he said. 

vinayak.aj@thehindu.co.in

Published on February 11, 2013
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