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Puravankara Ltd FY21 sales bookings up 28% at Rs 2,202 crore

Puravankara Ltd FY21 sales bookings up 28% at Rs 2,202 crore
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Stocks in focus: RIL, Adani Ports, Magma Fincorp, Godrej Properties, Jubilant FoodWorks, Puravankara

Stocks in focus: RIL, Adani Ports, Magma Fincorp, Godrej Properties, Jubilant FoodWorks, Puravankara
Surbhi Jain
© Provided by The Financial Express
NSE s Nifty has been in a consolidation range of 14,800-15,200 since last 4-5 trading sessions. Image: Reuters
BSE Sensex and Nifty 50 were likely to open in the positive territory on the weekly expiry day on Wednesday. The market will remain shut on Thursday, March 11, 2021, on account of Mahashivratri. In the previous session, BSE Sensex jumped 584 points or 1.16 per cent to end at 51,025, while the NSE s Nifty ended 142 points or 0.95 per cent at 15,098, helped by a sharp pull back in the last hour of trade led by financials. NSE’s Nifty has been in a consolidation range of 14,800-15,200 for since last 4-5 trading sessions. Further directional cues are likely to emerge on a move beyond the 14862-15111 range. A breakout is likely to lead to the Nifty testing the 15273 levels. Downside support t ....

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Re-entering Mumbai with ultra-luxury project boosts Puravankara

The announcement was made at the fag end of market hours yesterday, 9 March 2021.
The stock is currently trading above its 50-day moving average (DMA) placed at Rs 82.82 and its 200-day moving average (DMA) placed at Rs 57.55.
WorldHome Collection is the new range of ultra- Luxury homes by Puravankara. Through this project, the company aims to provide sustainable, futuristic and exclusive homes designed by world-renowned architects. Puravankara has invested almost Rs 450 crore with an expected top-line revenue of Rs 800 crore. The development will see four towers with a total of 233 residential unit and one tower of 79 commercial units.
The last few months have witnessed a steady growth in the luxury housing segment, which is indicative of a shift in the post-pandemic consumer behaviour, Puravankara said. Leveraging this shift and latent demand, the company believes this is the right time to bring their ultra-luxury World Home Collection homes to Mumbai, it added. ....

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Nifty holds 15,100 mark, breadth positive

Nifty holds 15,100 mark, breadth positive
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Puravankara enters Mumbai with ultra-luxury project 'Purva Clermont'

March 09, 2021
Ashish R. Puravankara×
The project will see four towers with a total of 233 residential units and one tower of 79 commercial units
Puravankara Limited, a Bengaluru-based real estate developer, to kick off its national expansion plan launched its first ultra-luxury project in Mumbai - ‘Purva Clermont’.
The venture marks its re-entry in the city and its maiden foray into the ultra-luxury category under the WorldHome Collection in the Mumbai Metropolitan Region (MMR). WorldHome Collection is the new range of ultra-luxury homes by Puravankara. Through this project, the company aims to provide sustainable and exclusive homes.
The company has invested about ₹450 crore with an expected topline revenue of ₹800 crore. The development will be in four towers with a total of 233 residential units and one tower of 79 commercial units. ....

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