Puravankara has entered the Delhi-NCR real estate market with the allotment of a 13.44-acre land parcel in Greater Noida through its wholly-owned subsidiary, Prudential Housing and Infrastructure Development. The parcel has a saleable potential of around 4.57 million sq. ft. and an estimated Gross Development Value (GDV) of around Rs 5,200 crore. The entry into Delhi-NCR marks a significant step in the company’s strategy to expand into high-growth residential markets beyond Southern and Western India, leveraging its strong brand and five-decade legacy of trust, quality and execution.
The land parcel is located in Greater Noida. Planned as an integrated industrial and urban ecosystem, the township benefits from access to key regional infrastructure, including the Yamuna Expressway. The development of Noida International Airport at Jewar is also expected to further strengthen connectivity and support economic and employment growth across the region.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune. Puravankara is a part of Puravankara Group.
