Announced Mon, 29 Jun · 08:43 IST

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

Marquee Jv AnnouncedStrategic Transactions View source PDF

PURVA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.5%1-day move

₹212.05

prior close

₹215.46

base price

After-mkt

timing

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+0.8+2.0+2.1+0.7+1.5+2.1+1.3+4.6+4.5+1.6+3.8———

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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.