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2 clusters · 5 sources · 20 days · First seen · Last updated

Puravankara real estate development expansion

Overview

Puravankara Limited has undertaken significant real estate development activities across different Indian regions.

In September 2026, the company expanded into the Delhi-NCR market via its subsidiary, Prudential Housing and Infrastructure Development Limited. The firm acquired a 13.44-acre land parcel in Greater Noida for approximately Rs 340 crore, intended for premium high-rise residential housing with an estimated Gross Development Value (GDV) of roughly Rs 5,200 crore.

By October 2026, the company signed a Joint Development Agreement (JDA) for a project in Sathanur, North Bengaluru. This 12.76-acre residential development is estimated to have a GDV of Rs 2,500 crore. Managing Director Ashish Puravankara noted that these strategic land additions are intended to strengthen the company’s development pipeline and market potential.

Entities

Puravankara Limited · Ashish Puravankara · Greater Noida · Sathanur · Bengaluru

Timeline

  1. [BUSINESS] 4 sources
    Puravankara signs JDA for Rs 2,500 crore project in Bengaluru

    Puravankara Limited has signed a Joint Development Agreement for a 12.76-acre site in Sathanur, Bengaluru, with an estimated revenue potential of Rs 2,500 crore.

  2. [BUSINESS] 3 sources
    Puravankara enters Delhi-NCR market with Greater Noida land acquisition

    Puravankara Limited has entered the Delhi-NCR market by acquiring a 13.44-acre land parcel in Greater Noida for premium residential development, with an estimated value of Rs 5,200 crore.

Sources

equitypandit.com · news18.com · realtynmore.com · theceo.in · torbitconsulting.com