Puravankara JDA for 6.4-acre Sarjapur land parcel with potential GDV of Rs 1,000 Cr

Marquee Jv AnnouncedStrategic Transactions View source PDF Explain this filing

PURVA · price

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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

Stock

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10m

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15m

+2.1

30m

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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

+1.3+0.4+0.9-0.5+1.8

+0.3+6.4-6.0+0.4-0.1

-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 entered a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru, with potential Gross Development Value of Rs 1,000 crores. The project will offer about 0.8 msft saleable area as a residential community. This is the 4th land deal in Q1FY27, taking total Q1FY27 additions to about 41.93 acres, 4.23 msft potential, and Rs 5,200 crores GDV. Management highlights strong end-user demand and limited branded supply in the Sarjapur corridor.

Likely market impact

Boosts Bengaluru pipeline and signals active land additions. Capital-efficient JDA model expands footprint without major balance sheet strain.