Provident Housing Ltd, a wholly- owned subsidiary of the
real-estate developer Puravankara Projects LtdBSE 2.10 %, is foraying into
Mangalore with the launch of its property 'Skyworth'.
"The Provident proposition with its dual emphasis on
affordability and quality has been extremely well-received in other markets. We
are delighted to bring this 'premium affordable' innovation to Mangalore,"
Group CEO Jackbastian K Nazareth said in a statement here.
The property is located on a hilltop which furnishes all its
apartments with panoramicBSE 4.45 % "sky-vistas", he said.
Provident Skyworth entails two bedroom apartments of 1091
square feet, priced at Rs 39.22 lakhs and three bedroom apartments of 1,377
square feet, priced at Rs 48.07 lakhs (prices are inclusive of open
car-parking), Nazareth said.
These 'premium affordable' homes are of uncompromising
quality, he added.
The company is embarking on similar initiatives across major
cities including Mumbai, Delhi, Hyderabad, Coimbatore, Mysore, Pune, Baroda,
Ahmadabad, Kolkata, Nagpur and Jaipur, Nazareth said.