Puravankara has finalized a joint development agreement for a 12.76-acre land parcel in Sathanur, North Bengaluru. The move highlights the firm’s ongoing strategy to capture high-potential micro-markets.

Project Metrics and Scale

The upcoming residential project carries significant financial and spatial weight in the company’s expansion blueprint. Here are the core dimensions of the Sathanur development:

• Estimated gross development value of Rs 2,500 crore
• Saleable residential area spanning approximately 1.90 million square feet
• Strategic land addition reinforcing the Bengaluru residential pipeline

Fiscal Year Expansion Footprint

This latest pact folds into a much larger portfolio growth wave for the developer across multiple metropolitan hubs. The broader fiscal year landscape highlights several multi-city additions:

• Total business additions comprising eight separate projects
• Combined development potential reaching 12.64 million square feet
• Aggregate potential gross development value estimated at Rs 16,600 crore across Bengaluru, Mumbai, and Delhi-NCR

These strategic land additions cement a robust operational trajectory as management continues to lock in high-value micro-markets.