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The Economic Times

Business

Puravankara announces ₹5,200 crore township investment in Greater Noida, entering Delhi-NCR market

Greater Noida New Delhi Ashish Puravankara NCR the Yamuna Expressway

Real estate developer Puravankara on Tuesday announced a ₹5,200 crore investment to develop a township in Greater Noida through its unit Prudential Housing and Infrastructure Development.

According to the company’s release, its subsidiary would purchase the 13.44-acre land parcel in Greater Noida to develop a township with a potential saleable area of about 4.57 million sq. ft, marking the real estate firm’s entry into the Delhi NCR real-estate market as well as its broader expansion in North India.

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