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Praveg Ltd
BSE Code 531637 ISIN Demat INE722B01019 Book Value (₹) 117.29 NSE Symbol N.A Div & Yield % 0.12 Market Cap ( Cr.) 1,996.46 P/E * 154.71 EPS * 5.26 Face Value (₹) 10
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Praveg acquires land lease for development of Cave Resort in Jawai, Rajasthan Back
(14 May 2024)
Praveg announced the acquisition of a new land lease for the development of Cave Resort in Jawai, Rajasthan. This new project will leverage the scenic beauty of Jawai with a one-of-a-kind luxury cave room structure.

Located in the scenic area of Jawai, Rajasthan, the new resort is on a lease term of 30 years. Praveg has been granted a 12-month rent-free period to facilitate the setup. The resort will feature a total of 20 units, including 12 luxury cave-type rooms and 8 elegant tents. Additional amenities include a swimming pool, a restaurant, and a bar, alongside offering unique safari experiences. This acquisition is a pivotal moment in Praveg's growth strategy, signaling the commencement of a distinctive resort development featuring luxurious cave rooms.