Puravankara Acquires 9.73 Acre Land in North Bengaluru for ₹800 Cr GDV

Puravankara Limited has acquired a 9.73-acre land parcel in Sanna Ammanikere, North Bengaluru, with a potential Gross Development Value (GDV) of ₹800 crore. This acquisition, located in the Devanahalli growth corridor, has a development potential of approximately 0.89 million sq ft. The move aligns with Puravankara's strategy to expand its presence in high-growth Bengaluru micro-markets through strategic land acquisitions. The company aims to develop a residential community catering to the increasing demand in well-connected urban growth corridors, leveraging the region's improving infrastructure and employment hubs.