Puravankara revolutionizes investments by Retail Customers into Commercial Properties
Launches “PURVA SUMMIT” at Hyderabad
Hyderabad 20th March, 2015:
Puravankara has successfully monetised its commercial properties in
Chennai and Bangalore this year. The myth that investments into
commercial properties can be afforded only by very high net worth
individuals, has been broken. Puravankara has made it possible for
customers from across section of income profiles to buy into Grade A
office space and enjoy both capital appreciation as well as earn
attractive monthly rental returns from large corporate tenants.
Buoyed
by the successful sale of its commercial projects in Chennai and
Bangalore, Puravankara is now launching Purva Summit, its Grade A Office
Space in Hi-Tech City (Kondapur), in Hyderabad. Puravankara has been
overwhelmed by the “Expressions of Interest” it has received form
potential buyers for Purva Summit, which has been oversubscribed by
twice the amount of area that it intends to sell. This has reiterated
the belief that markets always respond well to “Quality Products” that
are, designed& priced well and offered by Grade A developers such as
Puravankara.
Purva
Summit offers real estate buyers with an opportunity to invest in
Grade-A Office spaces at ticket sizes starting from Rs. 25 lacs
onwards. Commercial office spaces, especially Grade-A office spaces,
offer real estate buyers with a unique opportunity of enjoying capital
appreciation and at the same time earn a superior inflation-adjusted
monthly rental income.
Mr. Ashish Puravankara expressed: “The
Real Estate sector in Hyderabad seems to have stabilised and we are
likely to see an upsurge in transactions as well as commercial activity
going forward. The low vacancy levels in Grade A office Space makes
Hyderabad an attractive destination for investments into commercial
properties”.
About Puravankara Projects Limited:
Puravankara
Projects Limited is a leading real estate company in India, with
significant presence in Bengaluru, Kochi, Chennai, Coimbatore, Hyderabad
and Mysore. The company has 24.87 million sft of projects under
development with additional 81.83 million sft in projected development
over the next few years.
Puravankara
Projects Limited is listed on the National Stock Exchange of India
Limited (NSE) and the Bombay Stock Exchange (BSE). For further
information on Puravankara, please visit website: www.puravankara.com.
About Provident Housing Limited:
Provident
Housing Ltd. is a wholly owned subsidiary of the group. It was
established in 2008, in response to the growing demand for mid-segment
housing. Provident has launched 13.93 million square feet across the
cities of Chennai, Bengaluru, Mangalore and Coimbatore of which 4.55
million square feet has been completed and delivered. Provident has a
pipeline of 9.51 million square feet across Bengaluru and Hyderabad and
these projects will be launched in the ensuing quarters. For more
information on Provident, please visitwww.providenthousing.com
Thank you for your information
ReplyDeleteRegards by
Venkat
https://www.alphaultraprojects.com