Comments
Puravankara Ltd, a Bengaluru-based real estate group, plans to spend ₹3,000 crore to take up 15-16 million sq ft in the next 12 to 18 months under its Provident premium-affordable housing and Puravankara brands.
Anand Narayanan, Chief Operating Officer, said: “The company’s fourth quarter sales were the best in the last 10 to 12 quarters. Volumes which were down post demonetisation are coming back to the market.”
According to Narayanan, Puravankara’s expo, BIG 72Hrs, and its ‘Resale Assistance Programme’ attempt to mimic consumer behaviour in the automobile industry, with its emphasis on exchanging an old car for a new one.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.