After the Launch of Housing plot in Chennai, Puravankara Shares surges to 3%

The stock price of Puravankara surged by 2.88 per cent to hit an intraday high of Rs. 336.90 per share on Friday, November 22, 2024.

Puravankara shares were trading 0.50 per cent lower at Rs. 325.80 per share at 1:02 PM, after losing all its gains. The BSE Sensex, on the other hand, traded 1.39 percent higher at 78,230.84 levels.

The project is strategically located on the Kelambakkam-Vandalur Road and integrates contemporary living with cultural heritage. Puravankara said that the project is expected to be completed by 2028.

 Provident Bayscape is spread across 5.35 acres, and features 676 residential units in 2- and 3-bedroom configurations across four towers. There are 2 BHK units that range between 993 square feet and 1,107 square feet, and 3 BHK options that range from 1,309 square feet to 1,424 square feet.

The company claimed that these Homes are Vaastu-compliant and incorporate design elements tailored to Chennai's lifestyle, such as a dedicated Kolam area, handwash area, and separate puja spaces.

The development boasts 46.5 percent open areas adorned with indigenous plants to ensure ample light and air circulation. Over 25 lifestyle amenities will be available to residents, including a 10,000 square foot clubhouse, a huge swimming pool, a fully-equipped gym, a yoga deck, a kid's play area, and a pet park.

The project offers connectivity to Kovalam Beach, Marina Mall, and leading healthcare facilities, including Chettinad Super Special Specialty Hospital and Supreme Hospital. Daily commute convenience will be enhanced by the new Kelambakkam metro station.