Provident Neora

Bengaluru, India Founded: 2018 • Age: 8 yrs
Develops residential properties, managing planning, construction, and sales processes.
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About Provident Neora

Provident Neora is a Real Estate & Construction company based in Bengaluru (India) founded in 2018. It develops residential properties, managing planning, construction, and sales processes. It operates on a B2C model. Its Indian entity Provident Housing Limited reported revenue of ₹378 Cr. Its focus areas include Real Estate, Development, Residential Properties and Construction and Sales. Its competitors include Arkade, Shriram Properties, Puravankara, Alliance Infrastructure and Provident Housing and 5 more; 5 of its 10 listed competitors have raised funding.

Company details

Provident Neora, established in 2018, excels in involved in property dealings, developing real estate projects, residential properties, and construction and sales. Develops residential properties, managing planning, construction, and sales processes. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Operational Areas
Real Estate & Construction → Construction & Project Management
Key Metrics
  • Annual Revenue
    ₹378 Cr

    FY 2025 · -28% YoY

  • Net Loss
    -₹33.95 Cr

    FY 2025 · -9% margin

  • EBITDA
    ₹105 Cr

    FY 2025 · 28% margin

Board of directors of Provident Housing Limited (Provident Neora)

Provident Housing Limited is the primary company behind Provident Neora. The board of Provident Housing Limited currently have 4 directors; the longest-serving is Nani Rusi Choksey, appointed in 2008. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nani Rusi Choksey
DIN 00504555
Director14 Nov 200817 yrs 11 moProvident Housing Limited
Ashish Ravi Puravankara
DIN 00504524
Director14 Nov 200817 yrs 11 moProvident Housing Limited
Amanda Joy Puravankara
DIN 07128042
Whole-time director30 Mar 201511 yrs 6 moProvident Housing Limited
Anup Shah Sanmukh
DIN 00317300
Director23 Jul 20197 yrs 2 moProvident Housing Limited

Financials of Provident Neora

Figures of Provident Housing Limited, the primary company behind Provident Neora, for FY 2025. Revenue was ₹378 Cr (-28% year on year). Net loss was -₹33.95 Cr (-9% margin). EBITDA was ₹105 Cr (28% margin). Revenue has grown at a compounded annual rate of -7% over three years and -1% over five years.

  • ₹378 CrRevenue · FY 2025 · -28% YoY
  • -₹33.95 CrNet loss · -9% margin
  • ₹105 CrEBITDA · 28% margin
  • ₹8.00 CrPaid-up capital
  • 352Employees (provident fund records)
  • -7%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Provident Housing Limited are on its company page.

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Detailed financial statements for Provident Neora

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Competitors of Provident Neora

Provident Neora has 10 listed competitors in our database, 5 of them funded. They include Arkade, Shriram Properties, Puravankara, Alliance Infrastructure and Provident Housing, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Arkade
arkade.in1984Mumbai, India$2.39M98
Residential properties are developed by Arkade in Mumbai, India.
Shriram Properties
shriramproperties.com1995Bengaluru, India$641.31M1,620
Residential properties are developed in mid-market and affordable segments.
Puravankara
puravankara.com1975Bengaluru, India–940
Residential and commercial properties are developed across various segments.
Alliance Infrastructure
alliancein.com2004Chennai, India–350
Residential real estate properties are developed by Alliance Infrastructure.
Provident Housing
providenthousing.com2008Bengaluru, India$138.02M429
Residential properties are developed for aspirational home ownership.
Rohan Builders
rohanbuilders.com1993Pune, India$8.7M2,234
Provider of real estate and infrastructure developer services
VBHC
vbhc.com2009Bengaluru, India$135.12M88
Developer of residential real estate projects
Panchshil
panchshil.com2002Pune, India––
Residential buildings are developed by Panchshil in Pune, India.
Arihant Superstructures
asl.net.in1999Mumbai, India–22
Developer of residential and commercial real estate properties
Ekta World
ektaworld.com1987Mumbai, India–42
Residential properties are developed by Ekta World in Mumbai, India.
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Detailed competitors of Provident Neora

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Top companies in Construction & Project Management

10 companies that operate in the same segment as Provident Neora (Construction & Project Management), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AECOM
Infrastructure consulting, design, engineering, construction, and management services are provided.
1990United StatesUSD 310.16 MUSD 16.14 B51,000
Arcadis
Design and consultancy for natural and built assets
1888Amsterdam, Netherlands–USD 5.73 B–
Bowman
Provider of civil & site engineering and land scape architecture services
1995Reston, Virginia, United States–USD 490.02 M2,200
WSP
Corporate and career solutions are provided via an integrated platform.
1959Montreal, Quebec, CanadaUSD 62.5 MUSD 62.66 M3,153
Tutor Perini
Development services for residential and commercial real estate are provided.
1894Los Angeles, California, United States–USD 5.54 B7,500
Greystar
Investment, property, and construction management services are provided.
1993Charleston, South Carolina, United States––432
Surveying And Mapping
Managed geospatial services are provided for infrastructure projects.
1994Austin, Texas, United StatesUSD 73.4 M––
Dhruv Consultancy
Infrastructure design and project management consultancy services are provided.
2003Mumbai, Maharashtra, India–USD 4.57 M311
CIMIC Group
CIMIC Group is recognized as an engineering-led services provider in construction and resources.
1949Sydney, New South Wales, Australia–––
Hill International
Construction risk consulting and services
1976Philadelphia, Pennsylvania, United States–––
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Frequently Asked Questions about Provident Neora

Provident Neora was founded in 2018.

Provident Neora is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

The primary company behind Provident Neora, Provident Housing Limited, reported revenue of ₹378 Cr for FY 2025, down 28% year on year.

Provident Neora, established in 2018, excels in involved in property dealings, developing real estate projects, residential properties, and construction and sales. Develops residential properties, managing planning, construction, and sales processes. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Provident Neora's top competitors include Arkade, Puravankara and Shriram Properties.

Provident Neora operates through Provident Housing Limited.

The legal entities of Provident Neora currently have 4 directors, including Anup Shah Sanmukh, Amanda Joy Puravankara, Nani Rusi Choksey and others.

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