India, Aug. 25 -- Puravankara Ltd has entered into a joint development agreement (JDA) for a 7.83-acre land parcel in South-East Bengaluru, with an estimated gross development value (GDV) of around Rs 1,100 crore.
The proposed residential project will have a saleable area of approximately 0.89 million square feet and will further strengthen the company's presence in the established South Bengaluru market. The transaction marks Puravankara's fifth land acquisition/development partnership in Bengaluru during FY27.
The project is strategically located near the Electronic City employment corridor and enjoys connectivity to Hosa Road and Hosur Road. The area also benefits from the operational Yellow Line of the Namma Metro and strong housing d...