Puravankara announces JDA for 6.4-acre Sarjapur land parcel, GDV Rs 1,000 cr

Marquee Jv AnnouncedStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹212.05

prior close

₹215.46

announcement price

After-mkt

timing

Nifty Microcap 250market-0.3%+1.1% vs market

Residential Commercial Projects peers, median of 65sector-1.0%+1.8% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.8 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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Sessions after the filingfrom the prior close

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Reaction day

+0.8-0.3+1.1-1.0+1.8

Next day

+1.5+0.8+0.7+0.0+1.5

+2.1+0.9+1.2+0.4+1.7

+1.3+1.8-0.5+0.5+0.8

+4.6+1.5+3.2+1.7+3.0

+4.5+1.7+2.9+1.6+2.9

+1.6-1.1+2.7-0.9+2.4

15d

+3.8+1.0+2.8+0.0+3.8

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-3.8+5.5-9.3-4.1+0.3

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 65Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Puravankara has signed a Joint Development Agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru, with an estimated Gross Development Value of Rs 1,000 crore. The residential project will offer about 0.8 million sq ft of saleable area. The site is well-connected to Sarjapur Road, Outer Ring Road, and the Electronic City tech corridor. This deal is part of four land transactions announced in Q1FY27, together covering 41.93 acres with a combined GDV of Rs 5,200 crore.

Likely market impact

Boosts Bengaluru pipeline with Rs 1,000 cr project; JDA model enables capital-efficient expansion without heavy upfront land cost.