Mumbai, June 29 -- The proposed residential project will have a saleable area of nearly 0.8 million square feet and is aimed at catering to the rising housing demand in the fast-growing Sarjapur corridor.

With this transaction, Puravankara's total potential GDV from acquisitions and JDAs announced during the first quarter of FY27 has increased to approximately Rs 5,200 crore, further strengthening its development pipeline in Bengaluru.

The company said Sarjapur remains an attractive residential micro-market due to robust end-user demand, improving infrastructure and connectivity, and limited availability of branded housing projects. It added that the asset-light JDA model enables efficient capital deployment while expanding its presence...