Puravankara Projects Ltd has announced that the Company is to launch its mega housing project "Purva Windermere" at Pallikarnai, Lake District in Chennai with an estimated project cost of over Rs 1,200 crores.
The project Purva Windermere is surrounded by three lakes. Spread over 54 acres of land, the project would have 2,072 units of 2 & 3 bedroom flats. Purva Windermere would have the most modern amenities like Club House, Meditation/yoga squash court, indoor games ball, basket ball post, gymnasium, steam, sauna, Jacuzzi, Swimming pool, etc. It would also have provisions for super market, restaurants, beauty parlours for men and women, Outdoor children's play area, well-lit landscape garden etc.
The developers are offering the project with world class finish like, high end bathroom fixtures, premium flooring, UPVC Windows and high end emulsion painting to name a few.
This unique residential project is close to Vellacheri, a prime location Within the heart of Chennai. The water table of the area is quite good - potable and sweet. It's not surprising if one calls Windermere as the lake district of Chennai.
Some of the salient features of the project are:-
a) Environmental Friendly project with greater emphasis laid on lighting and ventilation.
b) Energy saving through deployment of latest technology
c) Without compromising on providing amenities to the residents, the developers are providing 2 large club houses.
d) Keeping in mind the safety of the residents, the project is equipped with High Tech security system with CCTV Surveillance and Access Control.
The project is ideally located, as Guindy, OMR and Airport are all accessible within a 5km distance. The project is also close to other conveniences like schools, colleges, hospitals, supermarkets, and the city center. The famed IT corridor is in close proximity to the project.
Mr. Ravi Puravankara, Chairman and MD, of the Company said, "Our Company has always strived to deliver value and delight to the customers. We are confident that the Purva Windermere project will meet the housing needs of the people in Chennai who would like to live lavishly and peacefully. Our endeavour, as always, is to adopt global standards and industry's best practices and implement transparent processes."
January 14, 2008
Purvankara launches Purva Windermere in Chennai
November 22, 2007
Purvankara wins tender
Puravankara Projects Ltd has announced that Company has won the tender bid from APIIC (Andhra Pradesh Industrial Infrastructure Corporation) for development of a massive project at the prestigious Hi-tech City, Hyderabad, involving an Investment of over Rs 3,500 crores.
The Company's bid for the land deal was for Rs 630 crores.
The Company's Hi-Tech city project will be a development of approx. 6.5 million sq ft area. As the acquired land is in a prime, lucrative and high-rise zone with unlimited FSI, the Company will use the land for mixed development of high end ultra luxury retail, residential, commercial and hospitality complexes.
APIIC floated the tender for the project with a reserve price or Rs 20 cr per acre and received three bids including DLF and BPTP.
High-Tech City is the new IT destination for many in the world and the area has developed rapidly with world class infrastructure facilities.
Expressing happiness at the new venture, the sources at the Company said: "We are delighted that we have been allotted with this land. We will stretch an extra mile to ensure that we do a world class development with world's best architects and professionals on the job."
October 30, 2007
Puravankara Projects Q2FY07 Results
Puravankara Projects Ltd has announced the following Audited results for the quarter ended September 30, 2007:
The Company has posted a profit after tax of Rs 538.813 million for the quarter ended September 30, 2007 as compared to Rs 262.348 million for the quarter ended September 30, 2006. Total Revenue has increased from Rs 973.411 million for the quarter ended September 30, 2006 to Rs 1410.075 million for the quarter ended September 30, 2007.
The Consolidated results are as follows:
The Group has posted a net profit after tax of Rs 602.093 million for the quarter ended September 30, 2007 as compared to Rs 281.862 million for the quarter ended September 30, 2006. Total Revenue has increased from Rs 973.411 million for the quarter ended September 30, 2006 to Rs 1410.075 million for the quarter ended September 30, 2007.
