Puravankara Signs JDA for Bengaluru Land Parcel Worth ₹1,100 Cr GDV

Puravankara Limited has entered into a Joint Development Agreement (JDA) for a 7.83-acre land parcel in South-East Bengaluru. The project is estimated to have a Gross Development Value (GDV) of Rs 1,100 crore and a saleable area of approximately 0.89 million square feet. This marks Puravankara's fifth land acquisition in Bengaluru for FY27, contributing to a total of 49.76 acres secured this fiscal year with a potential GDV of Rs 6,300 crore. The strategically located land parcel benefits from proximity to Electronic City and improved infrastructure, including Namma Metro connectivity, catering to professionals working in the area. This development aligns with Puravankara's strategy of disciplined structuring, capital-light approach, and focus on markets with consistent end-user demand.