Q: Why Puravankara selling their property as the company is already in running good in this fiscal year? I heard they are selling three commercial projects but can anyone tell me please which are the projects Puravankara planning to sell and at what price range?
The main motive of Puravankara in selling their properties is to lower down the debt level. Puravankara is planning to sell three commercial projects that are located in Bangalore and Chennai and will be sold at around Rs 250 crore.