Puravankara JDA for 7.83-acre Bengaluru land, Rs 1,100 cr GDV
PURVA · price
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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.
Capital-light land addition strengthens Bengaluru pipeline. Fifth FY27 deal signals consistent execution; positive for FY27 growth visibility.