Bangalore, February 24, 2005

Puravankara Announces the Launch of Fountainsquare Combining European Aesthetics with Modern Architecture

First residential project in Bangalore having 81% of the total property area as open space

Puravankara Projects today announced the launch of their newest offering, Fountainsquare on Airport Road, Bangalore. The residential project is the first of its kind in the city to boast of a European ambience featuring over 13 acres of open space.

Built on an expanse of nearly 16 acres, Fountainsquare would have about 300 feet separation area across apartment blocks for a total of 1200 apartments. Some of the unique features of the Rs. 500 crores project would be a grand central fountain, an impressive number of water cascades, wet and dry fountains, layered gardens and stone-scapes interspersed with cobble stone path. Built on modern construction technology while evoking an European ambience the project would cater to discerning home-seekers who are attuned to global lifestyle trends.

Ravi Puravankara, Chairman, Puravankara Projects said, "From its European ambience, ultra-modern amenities like a health-spa, lounge bars, temperature-controlled indoor swimming pool to world class fixtures and fittings, the project is unconventional in the truest sense." "The project aims to give Bangaloreans a home with all the comforts and conveniences of a resort", he added.

Other current projects of Puravankara include Purva Parkridge, Ring Road, near Marathahalli; Purva Riviera, Airport Road; Purva Carnation, Cox Town; Purva Belmont, JP Nagar 6th Phase; Purva Panorama, Bannerghatta Road and Purva Sunshine on Sarjapur Road.