Purva Iris

Puravankara Limited is one of the leading listed real estate groups in India. They are headquartered in Bengaluru. This company has embarked on its extraordinary journey 45 years ago. In 1975, the group came into existence with a precise vision and mission to meet the ambition of millions of people by offering them quality homes.

In the past four decades, the group has established two distinguished and successful brands on the Indian real estate map. The provident brand is placed in the affordable premium segment, while the flagship brand Puravankara caters to the luxurious end of the spectrum.

The group has a presence across India, which includes cities like Bengaluru, Chennai, Kochi, Mumbai, Hyderabad, Mangaluru, Coimbatore, Kolkata, Goa, and Pune. They also have a presence in GCC and Sri Lanka. The group was also one of the first builders in India to achieve FDI in real estate.

Puravankara surpasses all the other competitors in luxury projects as well as projects that are theme-based. The Puravankara Group, with its sharp vision, has chosen innovative technology and state-of-the-art developments in construction science that is much ahead of time. This has helped the group accelerate execution and deliver quality homes.

Over the years, Puravankara has grown as a brand from strength to strength and has completed about 40 million square feet (including both Puravankara and Provident). Among these, 66 are residential projects, and 5 are commercial projects.

On the other hand, Provident Housing Ltd is a wholly-owned subsidiary of Puravankara, and it was launched in 2008 to meet the aspirations of mid-income and first-time homeowners. Until now, more than 20 million square feet of projects have been launched, among which is close to 10 million sq ft have been completed and delivered to over 20,000 satisfied homeowners. Additionally, over 8 million sq ft is designed for new launches in the near future.

Puravankara has won numerous awards over the years in the industry. To name a few of the awards, The "People's Choice Winner" at the CNBC-AWAAZ Real Estate Awards 2018-19, South Zone, Puravankara Limited, 14th Construction World Architect & Builder (CWAB) Awards 2019, India's Top Challengers 2018-19, Puravankara Limited, Puravankara also won the ET Now as Dream Companies to Work -2019, Construction Week Awards 2019, Real Estate Person of the Year as Runner Up for Mr. Ashish Puravankara and India Property Awards 2019.

Quality Policy of Puravankara Limited:

• Quality Management System:

Puravankara's Quality Management System is a collection of processes and systems that describe all of the company's activities. The QMS assures that a high-quality product is delivered at a low cost with minimal environmental and societal effects. All personnel must complete QMS training, after which they will be QMS certified.

• Project Review Management:

A monthly review process for ongoing projects is known as Project Review Management. PICs (project-in-charge) create a progress report that includes project progress, project cost report, project inventory, and project hazards, all of which are benchmarked against international best practices.

The participation of senior management in these forums allows for swift resolution of project difficulties and encourages rapid execution. All PPL projects are graded on key metrics such as progress, time, cost, quality, safety, and housekeeping by the PRM. Every month, outstanding projects are recognized, and best-in-class projects are recognized every quarter.

• Environment Health and Safety Policy:

The company's leadership's dedication to EHS is reflected in its policy on environment, health, and safety. The EHS Policy outlines management's plans to support and improve the company's EHS performance. This allows them to create EHS Objectives and programs, take measures to attain the desired results, and improve continuously.