Puravankara eyes overseas market for expansion

Real estate developer Puravankara's maiden project in a foreign country is coming up in Sri Lanka.

Puravankara had invested on the plot of land some years back, but postponed development as the situation was not congenial for promoting mega projects. Purvankara would make an announcement about this upcoming project before the end of the current (2011) year.

The site is located en route to the airport from Colombo city. It is a 25 acre plot of land and have the necessary approvals in place from the respective authorities.
The project would comprise flats and mid segment dwelling homes.

In India, Puravankara is planning to reach out to 22 cities over the next 5  years. It is planning to projects in  Madurai, Tiruchi, Salem,etc.
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