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Provident Housing

Provident Housing

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Provident Housing

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  1. CREATING ELITE LIVING SPACES CREATING ELITE LIVING SPACES WITH SPLENDID OUTDOORS AND WORLD WITH SPLENDID OUTDOORS AND WORLD CLASS AMENITIES AT AFFORDABLE CLASS AMENITIES AT AFFORDABLE PRICES PRICES Provident Housing Ltd. is a 100% subsidiary of Puravankara Limited. The parent company - Puravankara Ltd., established in 1975, is one of the largest real estate developers in the country. Provident Housing was established in 2008, with a vision to provide ‘Homes for All’. Affordable homes with premium features and high built quality defines our core business ethos for the first time home buyers. We have over 6500 happy families who have trusted us with their home buying decision. We take pride in building premium, well-designed homes with world-class amenities at suitable locations and at highly competitive prices. Since its inception, Provident Housing has launched 11 residential projects covering over 18 million square feet of land, in 6 major Indian cities including Bengaluru, Chennai, Hyderabad, Mangalore, Coimbatore and most recently Goa. Additionally, another 9.74 million square feet of development is planned over the coming years. Provident Housing has been accredited with multiple awards, the most recent one being - ‘Best Affordable / Budget Housing Developer of the Year, South India at the 10th Franchise Estate Awards held in January 2018’. OUR MISSION We are into affordable housing out of passion; our capability and mission are to deliver top quality homes on time. With well-designed living spaces and world-class amenities, we take pride in crafting your premium home. We are currently executing eleven projects at Bangalore, Hyderabad, Chennai, Coimbatore and Mangalore. The eleven projects together provide about 15 million square feet of living space. The configuration mix is one, two and three bedroom apartment with premium features and world class amenities.

  2. THE GROUP Provident Housing Limited is a subsidiary of Puravankara Limited, one of the leading real estate companies in India. Since its inception in 1975, Puravankara has believed that there is only one mantra for success: Quality. This credo combined with uncompromising values, customer-centricity, robust engineering, and transparency in business operations, has placed it among the ‘most preferred’ real estate brands in both residential and commercial segments. The Group has grown to be one of the leading Real Estate Developers of the country, serving the needs of a discerning clientele. View Awards & Recognitions LEADERSHIP RAVI PURAVANKARA Founder & Chairman : Puravankara Limited Mr. Ravi Puravankara is the Founder & Chairman of Puravankara Limited. Under his guidance, supervision and mentorship, the Company today has emerged as one of the largest residential real estate conglomerates in India. Renowned for pioneering new trends in the market, Mr. Puravankara has been responsible for introducing midincome

  3. consumers premium homes within easy and affordable reach by launching Provident Housing Limited, a wholly-owned subsidiary. An iconic leader and a disruptive forward-thinker, Mr. Puravankara’s strategic planning gave genesis to affordable luxury for aspirational Indians, creating the foundations of the premium affordable housing industry. Mr. Puravankara was also one of the first to obtain FDI in the Indian real estate sector through forging a joint venture with Singapore-based Keppel Land Limited. Mr. Puravankara has also been instrumental in implementing best practices in construction by focusing on technology to achieve quality in execution as well as in sales and customer relations. Honors and accolades • BAM (Builders, Architects & Building Material) Awards 2018 for 'Lifetime Achievement'. • Recipient of the ‘Scroll of Honor’ at the 2017 Realty Plus Conclave. • ‘Developer of the Year’ award bestowed by CMO Asia.” ASHISH PURAVANKARA Managing Director: Puravankara Limited Mr. Ashish R. Puravankara, as the new-age leader, has played a pivotal role in the growth of the Company through his emphasis on innovation, strategy

  4. formulation, operational control, financial management and enterprise capacity development. Today, Mr. Puravankara is responsible for the day-to-day operations of the business with his primary focus anchored on opportunity identification. He has also been instrumental in implementing best construction practices through acquiring new material resources and focusing on technology as a means to achieve quality construction on a growing project scale. Mr. Puravankara holds a Bachelor of Science degree in Business from Virginia Polytechnic Institute and State University and graduated as a MBA from Willamette University in Salem, Oregon. NANI R.CHOKSEY Joint Managing Director: Puravankara Limited Mr. Nani R. Choksey possesses over four decades of rich experience in the real estate development, construction and finance sectors, thriving on his strong business instincts. He has played an instrumental role in the growth of the Group since its inception in 1975. In the early days, Mr. Choksey was a one-man team, overseeing most departments, from legal to CRM. Even today, he is actively involved in all of the company’s projects, bringing his

  5. rich industry experience, attention to detail and an appetite for growth to the business. RAMACHANDRA VENKATASUBBA RAO Non- Executive Directors, Provident Housing Limited Mr. R.V.S. Rao holds a Bachelor’s degree in Commerce from Mysore University and a Bachelor’s degree in Law from the Bangalore University. He has completed Master Class for Director conducted in association with the World Council for Corporate Governance, London. Mr. Rao possesses over 41 years of experience in the fields of banking and finance. He has been a Director of HDFC Limited. As a USAID consultant, he was the team leader that reviewed operations and made recommendations for the Housing Finance Company, Ghana. He was also the team leader of the consultancy team that advised the National Development Bank of Sri Lanka in establishing its mortgage finance business. Mr. Rao is an associate of Indian Institute of Bankers, Mumbai, a life member of All India Management Association, New Delhi, and was the executive committee member of Bangalore Management Association and Greater Mysore Chamber of Industry.

  6. PRADEEP GUHA Non- Executive Directors, Provident Housing Limited Mr. Pradeep Guha holds a Bachelor’s degree in Arts from Mumbai University and an EDP Diploma from Asian Institute of Management, Manila. He has over 42 years of strong experience in the fields of media, advertising, marketing and branding. Mr. Guha was the President of The Times of India Group and was also on its Board of Directors. He also completed a successful stint as the CEO of Zee Entertainment Enterprises Ltd. In his previous stints, he was the Vice-President and Area Director of the International Advertising Association, Asia Pacific region, as well as the Chairman of the Asian Federation of Advertising Association.