Purva Asset Management invests Rs.93-Cr in Chennai project

Purva Asset Management, a unit of realtor Puravankara, has invested INR 93 crore from its first alternative investment fund (AIF) in a plotted development project in Chennai, coming up in the southern city suburb of Guduvanchery. The project has a development potential of 1.3 mn sq ft. This is Puravankara's second plotted development project in Chennai.