India's Puravankara gains on winning luxury project development rights in Mumbai
** Shares of real estate developer Puravankara PURA.NS up
4.1%
** Bengaluru-based co on Thursday said it won redevelopment
rights of a luxury society project in Mumbai, measuring 2,000
square meters land
** PURA shares are up ~ 142% YTD, top gainer among peers
** YTD, DLF DLF.NS up 18%, Godrej Properties GODR.NS up
43%, Prestige Estate PREG.NS up 59%, Sobha SOBH.NS up 87%,
and Brigade Enterprises BRIG.NS up 47%
** Nifty realty index .NIFTREAL is up 34% YTD
(Reporting by Sethuraman NR in Bengaluru)
((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))
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