Provident Housing
Est. 2008 · Puravankara (value arm) · Bengaluru, Karnataka · Privately held · Bengaluru
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Provident Housing?
Puravankara's value brand delivering large mid-income communities with listed-parent oversight.
30
Completed projects
20M
Sq ft delivered
—
Ongoing projects (not disclosed)
—
Upcoming projects (not disclosed)
Our ratings
Builder Score Card
We have published one overall judgement for Provident Housing rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.
On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.
At a glance
Provident Housing in Numbers
Provident Housing is a privately held developer founded in 2008 by Puravankara (value arm), headquartered in Bengaluru, Karnataka, active mainly in Bengaluru. We rate it 3.7/5 overall — mixed — which ranks 79th of the 212 developers we profile and ahead of 61% of them.
Benchmarking
How Provident Housing Compares
Each rating against all 212 developers we profile and the 13 in Bengaluru.
| Rating | Provident Housing | Bengaluru average | Better than |
|---|---|---|---|
| Construction quality | 3.6/5 | 3.6/5 | 58% of developers |
| Delivery record | 3.5/5 | 3.3/5 | 62% of developers |
| Customer satisfaction | 3.5/5 | 3.4/5 | 61% of developers |
| Financial strength | 3.4/5 | 3.4/5 | 59% of developers |
| Trust | 3.7/5 | 3.6/5 | 61% of developers |
Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.
Buyer guidance
Should You Buy a Provident Housing Project?
Provident Housing carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Provident Housing is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
Sensible value housing with real governance behind it; specs are honest for the price.
Portfolio
Notable Projects
Key Provident Housing projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Provident Housing: FAQs
Is Provident Housing a good builder? ＋
We rate Provident Housing 3.7/5 overall — mixed. Sensible value housing with real governance behind it; specs are honest for the price.
Is Provident Housing a listed company? ＋
No. Provident Housing is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Provident Housing deliver on time? ＋
Provident Housing has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.
How many projects has Provident Housing completed? ＋
Provident Housing reports 30 completed projects and about 20 million sq ft delivered.