India, Sept. 22 -- Sources said the land parcel has been acquired for around Rs.340 crore and is to be used primarily for high-rise premium residential development.

The entry into Delhi-NCR marks a significant step in Puravankara's strategy to expand into high-growth residential markets beyond southern and western India.

"Our entry into Delhi-NCR marks an important new chapter in Puravankara's growth journey. NCR is one of India's largest and most dynamic real estate markets, and we have been deliberate in identifying the right opportunity to establish our presence here. Greater Noida offers the combination of scale, infrastructure momentum and long-term demand that we look for when entering a new geography," said Ashish Puravankara, Ma...