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Realty chief Purvankara steps into hospitality sector

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As per the sources saying at the www.propertykhazana.com with the international hotel players and major locals, Puravankara projects (PPL), a leading property developer in Bangalore is thinking for a chain of hotel operations in South India which gives a boost to hotel industry and brings up the better economics for South India.
They are trying to set business in big major cities like Bangalore, Chennai, Hyderabad and Kochi in South India and the implementation of the projects depends upon the number of tourists or peoples coming from different places to these cities but the companies are trying best that they set up one or two hotels each city in south India.
Further it is said by the source at the www.propertykhazana.com that Puravankara is trying its hand at accomplishment of the latest expertise for construction. For it they are trying to import cement from major cement manufacturers in China, Ukraine, and Pakistan and also from latest Miwan technology from Malaysia and for saving time they are using aluminum planes which is a latest technology for building purpose. Parsvanath’s two housing scheme in the south engross the use of the Miwan and it possess of being realty Company to be using end – to-end ERP system for its business.
The company is examining suitable land to build up its future housing and profitable realty projects in Chennai they are working on the land worth Rs 363 crore approx. which is totally measuring 43.56 million sq ft.
Source: NBTVLIVE

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