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Provident Housing Limited & Lavish Flats Modern Safety

Provident Housing Limited & Lavish Flats Modern Safety

Provident Housing Ltd / a wholly-owned subsidiary of Puravankara ventures has launched its affordable residential project in Bangalore City is its second venture in the country; the first venture was announced the company is also exploring option in Hyderabad & Coimbatore. Provident City in Bangalore is a Rs 480-crore venture which claims to offer “premium reasonably priced residential” on Yelahanka Doddaballapur most important highway. Funds would be from side to side promoters’ fairness, edifice finance & advance from clients. The company has tied up a balance of Rs 200 crore for the venture from SBI Capital & HUDCO. According to Mr Jayakar Jerome IAS Provident Housing, the company is also open to water down 20 per cent stake at the venture level. It is also looking at joint project options for land ownership.
The company plans to commence stage 1 of the project of over 1,000 flats this week. Prices start at Rs 14.90 lakh for 2 B

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