Puravankara Expands Presence in Bengaluru with Strategic Land Acquisition

The strategic land acquisition further strengthened Puravankara’s presence in Bengaluru as one of the leading developers of real estate and has acquired a 3.63-acre land parcel at Vajrahalli along Kanakapura Road. The acquisition suggests that the company is focusing on high-demand micro-markets in the city and growing demand for quality housing in prime locations.

The new land purchased brings with it a saleable area of 5.42 lakh square feet, with a gross development value of over Rs 700 crore. Prime location to this project, this place ensures fantastic connectivity with most areas of Bengaluru city. The location is just a kilometer away from the Thalaghattapura Metro Station on the Namma Metro Green Line. Easy access to the city’s core is thus guaranteed. Further, the locality is about seven kilometers from the well-established J.P. Nagar, which can be considered an area of full residential and commercial activities.

An extensive infrastructure system coupled with ample social and retail amenities in the neighborhood makes it an attractive offering for residential usage. With this in mind, as demand rises for well-connected and infra-rich house types in the city of Bengaluru, here is a strong new project launched by Puravankara ready to capture all market attention.

This acquisition supports the ongoing thrust to develop high-quality living spaces in rapidly growing neighborhoods of the urban landscape. This project, based on continued emphasis on high-growth locations by the company, is going to add great value to the company’s portfolio further strengthening its leadership position as one of Bengaluru’s best real estate developers. The project would cater to the rising demand for quality residential options in thriving areas with robust connectivity.