Realty developer Puravankara Ltd has entered into a Joint Development Agreement (JDA) for an 11.23-acre land parcel in Doddagubbi area of North Bengaluru, with an estimated gross development value (GDV) of Rs 1,100 crore.The proposed residential apartment development is estimated to hold a developable area of around 0.74 million sq ft and further strengthens the listed company’s growth pipeline in Bengaluru, its largest market.Also read: Mumbai property market records best-ever May performance“FY26 was a landmark year for us, with our highest-ever annual sales of Rs 7,407 crore, a 55% on-year growth, and a strengthened development pipeline across key micro-markets in Bengaluru and Mumbai. This joint development in North Bengaluru is aligned with our strategy of expanding in high-demand urban corridors through a calibrated and capital-efficient approach,” said Ashish Puravankara, MD, Puravankara Ltd.According to him, as the company works towards 3026-27 sales guidance of Rs 11,200 crore, its focus remains on deepening presence in markets with strong infrastructure, employment access and long-term demand visibilityLocated in North Bengaluru, the Doddagubbi micro-market offers connectivity to Hennur, Hebbal, Yelahanka, Manyata Tech Park and Kempegowda International Airport. The area is supported by social and civic infrastructure, educational institutions, healthcare facilities and connectivity through NH-44.Also read: Puravankara Bengaluru housing project: Realty firm signs joint development agreement for Rs 1,100 Crore at Doddagubbi“Bengaluru continues to remain our largest and most important market, and is central to our launch momentum…Over the past year and through recent additions, we have strengthened our Bengaluru pipeline now representing over Rs. 13,800 crore of GDV,” said Mallanna Sasalu, CEO - South, Puravankara Ltd.The latest agreement follows a series of land additions by the company across key Bengaluru micro-markets as developers continue to expand their presence in the city amid sustained residential demand and infrastructure-led growth.
Puravankara inks joint development pact for 11.23-acre Bengaluru land parcel
Realty firm Puravankara Ltd has secured an 11.23-acre land parcel in Doddagubbi, North Bengaluru. This joint development agreement is valued at Rs 1,100 crore. The project will feature residential apartments with a developable area of 0.74 million sq ft. This move strengthens Puravankara's presence in Bengaluru, its primary market. The company aims for significant sales growth in the coming years.












