Announced Wed, 17 Jun · 09:16 IST
Puravankara acquires 9.73-acre land in North Bengaluru, GDV potential Rs 800 Crore
Compliance View source PDF
PURVA · price
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Price reaction · full curve 14 horizons · vs prior close
+4.8%1-day move
₹215.00
prior close
₹215.93
base price
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AI summary
Puravankara Limited has acquired a 9.73-acre land parcel in North Bengaluru. The company estimates a potential Gross Development Value (GDV) of about Rs 800 Crore from this project. This acquisition is part of the company's expansion in the Bengaluru real estate market and adds to its future development pipeline.
Likely market impact
Strengthens Puravankara's land bank in Bengaluru and adds to its future revenue pipeline, supporting long-term growth.