India, March 9 -- Puravankara Limited, one of India's leading real estate developers, has entered into a joint development agreement for a 4-acre land parcel on Hennur Road in Bengaluru, with an estimated gross development value (GDV) exceeding Rs 1,300 crore. The move aligns with the company's strategic plan to expand its presence in key Bengaluru micro-markets known for strong infrastructure, connectivity, and sustained housing demand.
Commenting on the development, Managing Director Ashish Puravankara said that Bengaluru remains one of India's most resilient and fastest-growing residential markets, supported by robust employment growth, infrastructure upgrades, and steady housing demand. He noted that North Bengaluru has emerged as a ma...