Piramal Enterprises pumps Rs 500 cr into Puravankara projects Constructionweekonline.in
Piramal Enterprises has invested more than Rs 500 crore in a collection of projects by real estate developer Puravankara Group. The projects span across various regions in India and include both commercial and residential properties. The funds will be injected through a senior secured financing structure and are currently allocated to four projects of the developer. A significant development of commercial properties, spanning over 800,000 sq-ft, is underway along Kanakapura Road in Bengaluru, an area recognised for its commercial growth. This project aligns with the broader trend of commercial expansion in the city, bolstered by its reputation as an IT hub and thriving business ecosystem
