Apr 21 2009

Puravankara Builders in Bangalore Faces challenges

Bangalore’s Puravankara Projects Ltd has said its outlook for sales in ongoing projects are far from optimistic, largely in line with a slump in India’s realty sector following an economic slowdown. “Puravankara, as distinct from Provident, has not seen sales that may make us feel that happy days are here again,” chief financial officer Ravi [...]

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