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Puravankara Projects > Company History > Construction & Contracting - Real Estate > Company History of Puravankara Projects - BSE: 532891, NSE: PURVA

Puravankara Projects

BSE: 532891  |  NSE: PURVA  |  ISIN: INE323I01011  |  Construction & Contracting - Real Estate

Company History - Puravankara Projects
We were incorporated as Puravankara Constructions Private Limited 
 in 1986 in Mumbai. Our operations cover Bangalore, Kochi, Chennai, 
 Coimbatore, Hyderabad, Mysore, Colombo and the United Arab Emirates 
 (U.A.E). We also have representatives in the United Kingdom and the 
 United States. Our Promoter commenced operations in the real estate 
 industry in Mumbai in 1975 and has over 31 years of experience in the
 
 property development, real estate and construction sectors in India.
 
 Our Promoter Group Entities, of which our Promoter is the Chairman, 
 have constructed 12 residential projects in Mumbai and Bangalore 
 covering approximately 0.43 million sq. ft. of Saleable Area. 
 
 Our Company was certified as an ISO 9001 compliant company by DNV 
 in 1998. We were awarded the CRISIL DA2+ rating in 2002, 2004 and 
 2006 in recognition of the quality of our projects and for delivering
 properties 
 on time to our customers with clear title to properties. 
 
 Change of Name and Status
 
 The name of our company was changed to Puravankara Projects Limited 
 and the status of our Company was changed to a public limited company
 
 by a special resolution of the members passed at an extraordinary
 general 
 meeting held on July 10, 1992. The fresh certificate of incorporation
 
 consequent on change of name and status was granted to our Company 
 on August 19, 1992 by the Registrar of Companies, Mumbai,
 Maharashtra.
 
 Key Events and Milestones
 
 Year     Key Events, Milestones and Achievements
 
 1986     First project in Mumbai launched by our Company
 
 1990     Our Company commences its operations in Bangalore
 
 1990     First residential project in Bangalore launched
 
 1998     One of our residential project, Purva Park was nominated as
 a 
                finalist in the International Prix d'Excellence
 awarded by the FIABCI, Paris
 
 1998     Our Company obtains ISO 9001 certification from DNV
 
 2002     Our Company obtains the CRISIL DA2+ rating
 
 2002     Our Company sets up its office in U.A.E.
 
 2004     Our Company sets up its operations in Chennai
 
 2005    Our Company enters into a joint venture with the Keppel
 Investment 
               Mauritius Private Limited
 
 2005    Our Company sets up its operations in Kochi
  
 2005    Obtained approval from the Board of Investment in Sri Lanka 
 
Source : Religare Technova

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