Puravankara Signs ₹2,500 Cr Residential Project in Sathanur

Real estate developer Puravankara has secured a Joint Development Agreement (JDA) for a 12.76-acre land parcel in Sathanur, North Bengaluru. The proposed residential project holds an estimated Gross Development Value (GDV) of ₹2,500 crore.

The acquisition aligns with Puravankara’s strategy to scale its presence across key Indian metros, having added eight new projects in FY27 across Bengaluru, Mumbai, and Delhi-NCR. Together, these projects encompass approximately 12.64 million sq. ft. of development potential, with Bengaluru leading the expansion via six sites, including Doddagubbi, Sarjapur, and South-East Bengaluru.

By leveraging the JDA model, Puravankara continues to acquire prime land through landowner partnerships, accelerating its footprint in high-growth residential and urban redevelopment markets.

News by Rahul Yelligetti.