Puravankara Projects PPL, the BSE-listed real estate company, has launched a project named Purva Sky wood for luxury segment on Haralur Road in southeast Bangalore. The project is valued at about Rs 350 crore, including land cost.

The luxurious project, which will comprise 2, 3 and 4 bedroom apartments with size ranging between 1,263 sq ft and 2,340 sq ft, will be spread across an area of 12.75 acres.

With quick access to electronic city, outer ring road and Whitefield, this project will cater to the home needs of people who are working in these belts and also in areas like Koramangala and Bannerghatta road.

Jackbastian Nazareth, COO, Puravankara Projects, said, “Purva Sky wood is sure to impress discerning lifestyle lovers with an eye for elegance and open space. The apartments, the amenities, the facilities, all bear the stamp of Puravankara.

Purva Sky wood has luxury not only in terms of finish level as well as ambience, but also in its thematic concept. This project is conceptualized on a nature scape theme, giving ample natural surroundings to the end users.

Ashish Puravankara, director, Puravankara Projects, said, Before deciding upon apartments, buyers can take a look at some of the standard Puravankara features that are already considered luxury elsewhere; a range of features like green verges, lots of open space with designer landscaping, larger than standard windows, quality materials used for construction, rainwater harvesting and other such features that make the collective look translate into luxury.

The group began operations in Mumbai and has established a considerable presence in the real estate industry in the metropolitan cities of Bangalore, Kochi, Chennai, Coimbatore, Hyderabad and Mysore, and overseas in Dubai and Colombo.

According to the company, it has the distinction of being the first to obtain FDI in Indian real estate industry through its joint venture with the Singapore based Keppel Land, the property arm of the 54 per cent government-owned conglome rate, Keppel Corp oration.

The joint venture company, Keppel Puravankara Development Private, has ongoing housing projects in two cities in India. One is in Bangalore, Elita Promenade, and the other one is Elita Garden Vista in Kolkata.

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