Puravankara Signs JDA for Bengaluru Land Parcel Worth ₹2,500 Cr

Puravankara Limited has signed a Joint Development Agreement (JDA) for a 12.76-acre land parcel in Sathanur, North Bengaluru. The project has an estimated Gross Development Value (GDV) of ₹2,500 crore and a saleable area of approximately 1.90 million square feet. This strategic land acquisition is expected to strengthen the company's residential development pipeline in Bengaluru, a market with healthy end-user demand. The company highlighted that this JDA aligns with its strategy of expanding its portfolio through disciplined capital allocation and efficient execution. This development contributes to Puravankara's FY27 business development additions, which now comprise eight projects across Bengaluru, Mumbai, and Delhi-NCR with a total potential GDV of ₹16,600 crore.