PURAVANKARA : SIGNS JDA FOR SOUTH-EAST BENGALURU PROJECT WORTH OVER RS 1,100 CR

• Puravankara Limited has entered into a joint development agreement (JDA) for a 7.83-acre land parcel in South-East Bengaluru. • The project has an estimated Gross Development Value (GDV) of Rs 1,100 crore, with a saleable area of approximately 0.89 million sq ft. • This marks Puravankara's fifth land transaction in Bengaluru for FY27, underscoring a calibrated, capital-light approach. • The site is strategically located near the Electronic City employment corridor with good connectivity. • With this transaction, the company's cumulative FY27 business development in Bengaluru reaches around 49.76 acres with a potential GDV of Rs 6,300 crore.

Puravankara Limited

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