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Puravankara inks sale deed to acquire land parcel in North Bangalore

08 Oct 2024 Evaluate

Puravankara has entered into a sale deed for acquiring 3 acres 4 guntas of land parcel located at North Bangalore. This will be for developing a residential project.

Earlier, the company had acquired the redevelopment rights of a prestigious society -- Miami Apartments at Breach Candy. Spread little over around 2,000 sq m of land, this marks the developer’s entry into the uber-luxury South Mumbai market, where rates (as per market sources) are estimated in the range of Rs 1,25,000 and Rs 1,40,000 per sq. ft.

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


Peers
Company Name CMP
Lodha Developers 1005.00
Prestige EstatesProj 1433.00
Dilip Buildcon 390.30
DLF 670.00
Oberoi Realty 1614.65
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