PURVANSEPURAVANKARA LIMITED· ConstructionHighPositive
Announced Tue, 25 Aug, 2026 · 09:31 IST

Puravankara JDA for 7.83-acre Bengaluru land, Rs 1,100 cr GDV

Marquee Jv AnnouncedStrategic Transactions View source PDFExplain this filing

PURVA · price

Loading chart…

▲ 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
+1.7%1-day move
₹214.50
prior close
₹214.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+1.0+0.8+1.6+1.7-0.3+0.7-0.8-0.8-1.4-1.8-1.0——
Up moveDown movePending
AI summary

Puravankara has signed a joint development agreement for a 7.83-acre land parcel in South-East Bengaluru, with an estimated Gross Development Value (GDV) of Rs 1,100 crore. The project will offer around 0.89 million sq ft of saleable area and will be developed as a residential community near the Electronic City employment corridor. This is the company's fifth land deal in Bengaluru for FY27, taking cumulative FY27 additions to about 49.76 acres and roughly Rs 6,300 crore in potential GDV.

Likely market impact

Capital-light land addition strengthens Bengaluru pipeline. Fifth FY27 deal signals consistent execution; positive for FY27 growth visibility.