Puravankara/ Provident

Puravankara Limited is a promoter-led, pan‑India real estate developer with nearly 50 years of experience, known for large integrated residential and commercial projects across major Indian cities. Leadership combines founder Ravi Puravankara with next‑generation CEO Ashish R. Puravankara and an experienced board including Nani R. Choksey and Amanda Joy Puravankara. Signature and large-scale projects include Purva Atmosphere (Thanisandra), Purva Park Hill (Kanakapura Road), Purva Zenium (Airport Road) and several Provident affordable‑housing townships, supported by tech-enabled offerings (BluNex Life) and sustainability credentials.

Founded in 1975 and incorporated as a company in the 1980s, Puravankara has evolved from a Bangalore developer into a pan‑India player over ~50 years. The group has launched and delivered dozens of projects since the late 1990s and expanded through strategic JV and international investments (e.g., Keppel).

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Developer Projects

Portfolio spans residential apartments, plotted developments, luxury villas, and commercial office space and redevelopment projects. Product mix covers premium/luxury (Puravankara), mid‑income/affordable (Provident), and workplace developments, with large campus‑style projects in Bangalore, Chennai, Mumbai and other cities.

Purva AtmosphereResidential Community | Apartment

ThanisandraNorthKarnataka

Purva Park HillResidential Community | Apartment

KanakapuraSouthKarnataka

Purva BlubelleResidential Community | Apartment

MagadiRajajinagarWestKarnataka

Purva ZeniumResidential Community | Apartment

InternationalNorthKarnataka

Purva Sparkling SpringsResidential Community | Villa

BannerghattaBangaloreKarnataka

Provident BotanicoResidential Community | Apartment

SoukyaWhitefieldEastKarnataka

Provident Sunworth CityResidential Community | Apartment

OffBangaloreKarnataka

Provident DeansgateResidential Community | Villa

IVCNorthKarnataka

Purva LandResidential Community | Plot

HennurNorthKarnataka

Purva ZentechCommercial

KanakapuraBangaloreKarnataka

FAQ

Who are the owners ?

Promoter / Founder: Mr. Ravi Puravankara — Founder & Chairman & Executive Director
Managing Director & CEO: Mr. Ashish R. Puravankara — MD & CEO
Vice Chairman & Whole Time Director: Mr. Nani R. Choksey
Director: Ms. Amanda Joy Puravankara
Senior regional leadership: Mallanna Sasalu (CEO South, appointed May 2025)
Independent / Non‑Executive Directors: Mr. Anup Shah Sanmukh, Mr. K. G. Krishnamurthy, Prof. Shailaja Jha

Note: The company is promoter‑led (Puravankara family) and is publicly listed, so ownership includes public shareholders and institutional investors.

When was the company founded ?

Puravankara Ltd was established in 1975 (incorporated as a corporate entity in the 1980s). As of 2025 the company has ~50 years of operational history in real estate development.

Is this a public company ?

Yes. Puravankara Limited is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker PURVA.
Market & credit highlights (examples provided in disclosures): market capitalization ~₹63.39 billion (reported Oct 16, 2025), ICRA rating [ICRA]A‑ (Stable). The company has received institutional funding (IFC, HDFC Capital) and runs a dedicated affordable‑housing fund; revenues have shown recovery but cash flows have been uneven across years.

Which are the builder's popular projects ?

Purva Atmosphere (Thanisandra Road, North Bangalore) — 13‑acre apartment township with 2/3/4 BHK options, oxygenated clubhouse, air filtration tower, 25+ amenities including infinity pool and smart home integration; possession from March 2025 onwards.
Purva Park Hill (Kanakapura Road, South Bangalore) — 15‑acre residential project focused on 3 BHK apartments, premium amenities, proximity to NICE Road and JP Nagar Metro; targeted completion Dec 2027.
Purva Zenium (International Airport Road, North Bangalore) — 2/3 BHK apartments with IGBC Gold pre‑certification, 25+ premium amenities and smart access/security systems.
Provident Botanico (Soukya Road, Whitefield, East Bangalore) — Large 17‑acre Provident affordable/mid‑income township with 2/3 BHK units, 70% open space, clubhouse and multiple sports/recreation facilities; possession starting Sept 2028.
Purva Somerset House (Guindy, Chennai) — WorldHome Collection luxury project (ready to move) designed by international architects, oxygenated clubhouse and high‑end amenities.

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