Since its inception in 1975, Puravankara has believed that there is only one mantra for success: Quality. This credo combined with uncompromising values, customer-centricity, robust engineering, and transparency in business operations, has placed it among the ‘most preferred’ real estate brands in both residential and commercial segments.
With India on its growth trajectory, there is a need for dependable and professional Real Estate developers that have an unwavering commitment to excellence. Puravankara believes in strong corporate governance, highest levels of integrity and transparency. We look at India’s economic growth as an opportunity to empower people, enrich their lives and to contribute to the nation’s development. One of our pioneering initiatives include recognizing the need for affordable housing in the country back in 2006. With this foresight, we set up Provident Housing to cater to the aspiring mid income segment, having successfully delivered several projects across cities over the years. Puravankara’s innovatively conceptualized luxury theme based projects have set a benchmark of creating homes around lifestyles, with world class landscaping and amenities.
Over 4 decades of growth
The Company has grown from strength to strength, having successfully completed 48 residential projects and 2 commercial projects spanning 23.54 million square feet (PPL’s economic interest –20.93 msft). Currently, it has 24.87 million square feet / 17,895 units (PPL’s economic interest – 22.03 msft/ 16,188 units) of projects under development, with an additional 22.73 million square feet(PPL’s economic interest – 18.98msft) in projected development. An ISO 9001 certification by DNV in 1998 and a DA2+ rating by CRISIL are testament to Puravankara’s reputation as a real estate developer of the highest quality and reliability standards. The Group commenced operations in Mumbai and has established significant presence in the metropolitan cities of Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore and overseas in Dubai, Colombo and Saudi-Arabia.
Puravankara prides itself on continual innovation to meet evolving market needs. Provident Housing Ltd., a wholly-owned subsidiary was launched in 2009, to cater burgeoning demand in the affordable housing segment. Currently, nearly 12 million square feet of projects are under development. As demand continues abated, the company plans to expand its presence in this segment. The Puravankara Group Companies has the distinction of being awarded 'finaliste, International Prix d' Excellence –1998' for its project "Purva Park" in Bangalore. The award was adjudged under the group residential category by FIABCI, Paris, the International Federation of Real Estate.