This will add to the ongoing 14.8 msf of projects with a combined gross development value of RS 17,100 crore
Realty firm Puravankara Projects will invest Rs 500 crore in next 5 years on construction of its first housing project in Hyderabad.
"99acres.com, the real estate portal, partnered with Puravankara Projects and its subsidiary Provident Housing to offer online booking services for their homes," said the company in its filing to the exchange.
The project launched by Provident housing in Coimbatore is doing well in terms of sales. In the last quarter they have done more than about 500 apartments and the momentum is likely to continue