Puravankara Limited (NSE: PURVA | BSE: 532891) signed a Joint Development Agreement for an 11.23‑acre land parcel in Doddagubbi, North Bengaluru, with an estimated gross development value (GDV) of Rs 1,100 crore and a developable area of approximately 0.74 million sq ft.
Managing Director Ashish Puravankara highlighted FY26 as a landmark year with highest‑ever annual sales of ₹7,407 crore, representing 55% year‑on‑year growth, and reiterated the FY27 sales guidance of Rs 11,200 crore.
The project is situated in a high‑demand corridor with strategic access to Hennur, Hebbal, Yelahanka, Manyata Tech Park, Kempegowda International Airport and NH‑44, underscoring strong infrastructure and long‑term demand visibility.
CEO – South Mallanna Sasalu noted Bengaluru remains the company’s largest market, with FY26 launches of Purva Silversky and Purva Northern Lights, and a Bengaluru pipeline now representing over Rs 13,800 crore of GDV.
