An Overview
Puravankara is a reputed real estate organisation established in 1975. The company has developed many well-known residential and commercial projects in the cities of Bengaluru, Pune, Kochi, Coimbatore and Chennai. Puravankara has diversified its real estate business, now having several subsidiaries. Puravankara believes in doing business that maintains transparency. Striving to establish its brand name over the years, Puravankara has created many unique landmarks, offers superior community living and affordability of homes.
Puravankara uses QMS (Quality Management System) and PRM (Project Review Management) as its quality assessment parameters. The former ensures that projects are developed at a minimum cost while ensuring optimum quality and minimally affecting the environment. The latter is a monthly reviewing and preparation of a project progress report that is benchmarked against select and best international practises. Various key parameters are taken into account including schedule, cost, quality, safety and housekeeping and providing solutions for speedy execution. The ISO 9001 certification and DNV in 1998 and DA2+ rating by CRISIL speak of Puravankara's quality standards and reliability as a real estate developer. Every quarter, the best-in-class projects are awarded and commended for their performance.
Presently, an estimated 6.5 million square feet of real estate projects are under development in Bengaluru and Chennai alone. Recently constructed projects include the Atria which were built in Sanjay Nagar, Bangalore offering a total of 131 residential units in 2 and 3 BHK type apartments. Oceana, Marine Drive in Kochi featured 96 residential spacious and well-designed residential apartments. Vantage in HSR Layout, Bangalore has also been one such landmark project among the many. Puravankara also plans to make expansions with its overseas developments in places like Saudi Arabia, Colombo and Dubai.
Unique Selling Point: What makes homes offered by Puravankara so attractive is that it aims to market its housing developments to first time home buyers that make them affordable. Offering premium designed affordable homes; all of these residential projects come equipped with various kinds of modern day amenities and facilities for its residents. Through its affordability and assurance of quality, they aim to become a popular household name.
Landmark Projects: Over the past few decades the company has grown gradually and successfully having completed over 48 residential projects and 2 commercial projects that cover a total of 23.54 million square feet.
Type/Category of Projects: With its aim to be a versatile an all-rounder real estate developer, Puravankara has developed many commercial and residential projects across some major cities of India. The residential projects cover high-rises equipped with modern amenities, villa style homes, beach front homes for luxury style living, affordable homes for the lower income group families, shopping malls and integrated residential communities. Among its commercial projects include tech parks and office spaces built in Chennai, Bangalore and Hyderabad. Puravankara also caters to the interior designing industry including projects for building modular kitchens, wardrobes, lighting and fixtures, painting and texture works, soft furnishings, carpentry and POP works. Puravankara has a dedicated team of interior designers who work making homes affordable with premium quality finish.