Puravankara Signs JDA for 7.83 Acres in South-East Bengaluru with Rs 1,247 Cr GDV Potential

BENGALURU: Puravankara Limited has entered into a joint development agreement (JDA) for a 7.83-acre land parcel in South-East Bengaluru, with an estimated Gross Development Value (GDV) of Rs 1,100 crore. The residential project will have a saleable area of around 0.89 million sq ft.

The transaction marks Puravankara’s fifth land deal in Bengaluru in FY27, strengthening its development pipeline in the city. Managing Director Ashish Puravankara said the JDA reflects the company’s capital-light, disciplined approach and focus on employment-led corridors with steady end-user demand.