India, May 25 -- Bengaluru-based real estate firm Puravankara has secured a 14.57-acre land parcel in Mandur, to develop a housing project with a revenue potential of Rs.2,300 crore, the company said in a regulatory filing on May 25.

Out of the total area, 7.92 acres is part of a joint development agreement (JDA), while 6.65 acres has been purchased by Puravankara, as per the filing.

The total saleable area for the entire project will be about 1.8 million sq ft, while the potential gross development value (GDV) is around Rs.2,300 crore.

Puravankara Ltd did not disclose the land cost and revenue or profit-sharing terms to the landowner in the JDA.

"This deal is part of our ongoing efforts to systematically add high-quality projects to ...