Puravankara Developers: Shaping the Urban Fabric of Bangalore

Get free Property Analysis Report

Here

Services

BlogPuravankara Developers: Shaping the Urban Fabric of Bangalore

01/11/2023

Puravankara Developers, since its establishment in 1975, has been a significant contributor to the real estate development in Bangalore and other Indian cities. This blog post highlights their journey, key projects, and the impact they have made on the urban development scene.

Founding and Early Growth (1975-1990)

Beginnings: Founded in Mumbai in 1975, Puravankara made a strategic shift to Bangalore, foreseeing the city's potential as a future real estate hub. The company focused on creating homes that blend traditional values with modern amenities.

Initial Projects: In the initial years, Puravankara concentrated on residential developments, earning a reputation for quality and reliability.

Expansion and Diversification (1990-2005)

As Bangalore grew into a major IT hub, Puravankara expanded their portfolio to include diverse projects catering to a growing market.

Key Developments

Commercial Ventures: Entry into commercial real estate, catering to the booming IT sector.

Retail Space: Development of retail spaces as part of mixed-use developments.

Introduction of Provident Housing (2005 Onwards)

Recognizing the need for affordable housing, Puravankara launched Provident Housing, a subsidiary focused on budget-friendly homes, which became a major success.

Landmark Projects (2005-2023)

Purva Venezia (2007): Inspired by the grandeur of Venice, this project in Yelahanka set a new benchmark for themed living spaces in Bangalore.

Purva Skywood (2010): An ambitious project in Harlur, known for its luxurious apartments and modern amenities, reflecting Puravankara's commitment to quality and innovation.

Provident Park Square (2018): A notable project under Provident Housing, offering quality living spaces at affordable prices in Judicial Layout, Kanakapura Road.

Purva Zenium (2019): Located in Hosahalli, this project introduced 'bluNex Life' – a concept focused on next-generation smart homes.

Purva Atmosphere (2020): Situated in Thanisandra, a prime area in North Bangalore, this project emphasized sustainable and futuristic living.

Some other Projects include Purva Okashire, Purva Tivoli Hillsand Purva Celestial.

Sustainability and Innovation (2010 Onwards)

Puravankara's focus on sustainable development became more pronounced with several projects featuring green technologies and eco-friendly designs.

Pandemic Response and Digital Transformation (2020 Onwards)

Like many in the industry, Puravankara adapted to the challenges posed by the COVID-19 pandemic through digital launches, virtual tours, and online bookings, ensuring business continuity and customer engagement.

Future Directions (2023 and Beyond)

Looking ahead, Puravankara continues to explore new markets and segments, including luxury housing and senior living projects, while also integrating technological advancements like smart home features across their developments.

Conclusion

Puravankara's journey from a modest beginning to becoming a key player in South India's real estate sector is marked by continuous evolution, customer-centric approaches, and a commitment to quality. Their projects across various segments have significantly contributed to shaping the urban landscape of Bangalore and other cities.

If a Puravankara Project is where you see your next dream home, then head over to Propsochtoday. We and our panel of real estate experts are here to help you on your valuable journey of house hunting to find the right property fitting to your dreams.

Disclaimer: The details provided in this blog are based on information available up to April 2023. For the most current information on Puravankara Developers and their projects, please consult their official publications or industry reports.