Puravankara buys 13.44-acre land in Greater Noida, eyes Rs 5,200 cr revenue from housing proj

Puravankara, a real estate company, has acquired a 13.44-acre land in Greater Noida. This move marks the company's entry into the National Capital Region (NCR) market. The company's Managing Director, Ashish Puravankara, stated that NCR is one of India's largest and most dynamic real estate markets, indicating a promising opportunity for growth. This acquisition is expected to generate Rs 5,200 crore in revenue from a housing project.

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Puravankara's land purchase signals confidence in the Indian real estate market. This could lead to increased investment and development in the sector.

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