What is Puravankara's new housing project in Bengaluru?

Puravankara Ltd has formed a joint venture to develop a housing project on a 4-acre land parcel on Hennur Road in Bengaluru.

What is the estimated revenue for the Bengaluru housing project?

The housing project is estimated to generate a gross development value of over Rs 1,300 crore.

How much saleable area will Puravankara's Bengaluru project offer?

The project is set to offer a total saleable area of approximately 0.84 million square feet.

Home / Business and Economy / Bengaluru Project Eyes Rs 1,300 Crore Revenue

Bengaluru Project Eyes Rs 1,300 Crore Revenue

10 Mar

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Summary

Puravankara formed a joint venture for a Bengaluru project.
The project is estimated to generate Rs 1,300 crore in revenue.
The development will span a 4-acre land parcel on Hennur Road.

Bengaluru Project Eyes Rs 1,300 Crore Revenue

Puravankara Ltd has established a new joint venture to develop a significant housing project in Bengaluru. The company announced this development on Monday, noting that it involves a 4-acre land parcel located on Hennur Road.

This strategic venture is anticipated to yield an estimated gross development value exceeding Rs 1,300 crore. The project encompasses a total saleable area of approximately 0.84 million square feet, highlighting its scale within the Bengaluru real estate market.

Puravankara, a prominent developer, has a substantial track record, having completed 93 projects across nine Indian cities. The company maintains a considerable land bank and ongoing projects, reinforcing its presence in the national real estate sector.

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