|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
2007 The initial public offering of Puravankara Projects Ltd will open on July 31. Price band
ofthe issue is Rs 500-525 per share
2007 Listing of equity shares of Puravankara Projects Ltd
2007 Puravankara Projects Ltd has announced that Company has won the tender bid from
APIIC for development of a massive project at the prestigious Hi-tech City, Hyderabad
involving an Investment of over Rs 3,500 crores
2008 Puravankara Projects Board recommends final dividend of 40%, i.e. Rs 2 per equity
share of Rs 5 each for the current yea
2008 Puravankara declares project in Chennai of Rs. 1,200-crore residential project
2008 Puravankara Projects, mulls to begin work on four to five hotels in the next one year with
an investment of Rs 1,000 crore
--Registered Office of the Company has been shifted from No. 227, S.V. Road, Bandra (W), Mumbai - 400 050 to No.130/1, Ulsoor Road, Bangalore - 560 042
2010 Puravankara Projects net profit rises from Rs. 17.47 crore to Rs. 30.49 crore
2010 Puravankara Announce new project in bangalore of Rs. 350 crore in "purva skywood"
2010 Puravankara Proj - Puravankara Announces a Joint Venture with Homex of Mexico
2011 The company launches its first luxury property in Coimbatore, Purva Bluemont
2011 Puravankara Revenues jumps 137 percent from 73.20 crore to 173.45 crore
2011 Puravankara Launches 1700 crore Luxury residential project in chennai
2012 "Puravankara to generate Rs. 2500 Crores revenue through India's largest premium
affordable housing in City".
2012 Puravankara project Ltd. announced its venture in saudi arabia
2012 Puravankara launches new project "Purva Season" in bangalore Rs.700 crore
2012 Puravankara won Real estate excellence award 2012
2012 Puravankara project Ltd has set up an office saudi arabia
-"Puravankara launching luxury project in Rajajinagar".
-"Puravankara expands real-estate footprint in Coimbatore with Purva Amaiti"..
-"Puravankara receives highest accolade at worlds largest Communications Competition".
-Puravankara Projects receives Platinum Award at LACP.
-Puravankara wins Brand Excellence Award in Real Estate at the ABP Brand Excellence awards.
-Puravankara received Real estate website of the year for www.puravankara.com at the 6th REALTY PLUS EXCELLENCE AWARDS.
- "Co-Owners Agreement with Sobha Developers Limited being Arrangement for construction of a Project at Marine Drive in Kochi, Kerala as co-owners".
-"99acres.com partners with a Real Estate major Puravankara & Provident for a Mega online Offer for the very first time"..
-Puravankara enters into prime land deal in Pune.
-Puravankara strengthens leadership position with Private Equity
-Puravankara identifies Hyderabad as one of its Core Markets
-"Hyderabad gets a new home - A 20 acre Integrated Lifestyle District from Provident, a Puravankara Company".
-"Puravankara's Home Coming; Forays back into the Western Region with the launch of its first theme based Integrated Lifestyle District in Pune".
-Puravankara Projects has entered into partnership with Community Services of Bangalore (CSB), an organisation that supports local charities through fund-raising events.