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Puravankara acquires 7.26-acre land parcel in Bengaluru

03 Jul 2024 Evaluate

Puravankara has acquired a 7.26-acre land parcel in Hebbagodi, Bengaluru. Hebbagodi is strategically located near Electronics City and is well-connected to other parts of the city, making it an attractive location for residential developments. The area is a desirable location for IT professionals working in Electronics City. 

The area has a well-developed social infrastructure, with major hospitals, international schools and retail, and the IT hub of Electronics City Phase 1 and Phase 2, located within a 5-km radius. The land parcel is also close to the Hebbagodi Metro Station. The proximity to IT campuses and the growing infrastructure and connectivity make it an attractive option for homebuyers. The saleable area of the project will be around 750,000 sq ft, with a potential Gross Development Value (GDV) of over Rs 900 crore. 

Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.


Puravankara Share Price

212.20 -2.55 (-1.19%)
25-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 947.75
Dilip Buildcon 457.90
Oberoi Realty 1749.75
DLF 621.60
Ahluwalia Contract(I 848.15
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