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Provident Housing forays into Mumbai with affordable housing project

Wednesday, 13 Oct 2021
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Provident Housing (PHL) has forayed into the Mumbai market with its maiden affordable housing project, Provident Palm Vista in Mumbai, Maharashtra. The latest project of PHL is located in Kalyan.

In FY22, the company plans to launch close to 15 million sq ft. Out of this, Provident Housing accounts for seven million sq ft. The flagship brand Puravankara will account for 3.5 million sq ft. On the other hand, its plotted development arm, Purva Land, will see close to four million sq ft.

The company has completed 74 projects measuring over 42 million sq ft, and over 22 million sq ft of projects are under development. Currently, the total land bank of the company is close to 65 million sq ft.

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