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Puravankara inks joint development pact for 12.76-acre land parcel in North Bengaluru

12 Oct 2026 Evaluate

Puravankara has signed a joint development agreement (JDA) for a 12.76-acre land parcel in Sathanur, North Bengaluru, with an estimated gross development value (GDV) of Rs 2,500 crore. The proposed development, with a saleable area of around 1.90 million square feet (msft), will strengthen the company’s residential development pipeline in Bengaluru and reinforce its focus on high potential micro-markets and strategic land additions.

With the proposed Sathanur development, the company’s business development additions for FY27 so far comprise eight projects with a combined development potential of around 12.64 msft across Bengaluru, Mumbai and Delhi-NCR, and a total potential GDV of Rs 16,600 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 is a part of Puravankara Group.

Peers
Company Name CMP
Lodha Developers 963.00
Prestige EstatesProj 1400.00
Dilip Buildcon 358.95
DLF 653.55
Oberoi Realty 1583.00
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