In a move that underscores their faith in Bengaluru’s residential market, Puravankara Limited, a leading real estate developer based in the city, has acquired a 7.26-acre land parcel in Hebbagodi. This strategically chosen suburb boasts excellent connectivity to other parts of Bengaluru, making it a prime location for upscale residential development.
Puravankara plans to capitalize on this prime location by building a luxury housing project on the acquired land. The project is expected to offer approximately 750,000 square feet of saleable area and boasts a projected Gross Development Value (GDV) exceeding a whopping ₹900 crore. This significant investment highlights Puravankara’s commitment to catering to the demand for high-end housing in the city and their confidence in Bengaluru’s real estate market’s continued growth.
