The group said it expects a sales realisation of approximately Rs 7,500 crore from the project wherein the investment would be done via self-funding, bank financing and customer advances for bookings.
The Bengaluru headquartered Prestige runs into trouble with the state government. Over 3 acres has been reclaimed on grounds of encroachment, the fate of 200 buyers of this luxury project hangs in the balance.
Never go by the story the developer tells you. Also it is not just the amenities fitted in the flat that solely define if a property is a luxury one. Check these six parameters before buying a luxury property
Ashish Puravankara, Director, Puravankara Projects said the company is very excited and positive about its Coimbatore project. The company has already obtained sanction for it and plans to launch the project towards the end of this month.
Puravankara Projects has launched luxury project in Chennai with investment of Rs 1700 crore, reports CNBC-TV18. It touched an intraday high of Rs 109.90 and an intraday low of Rs 102. At 14:03 hrs the share was quoting at Rs 107.25, up Rs 4.60, or 4.48%.