Puravankara group signs joint development agreement for land parcel in Bengaluru
Bengaluru-based real estate developer Puravankara Group has signed a joint development agreement (JDA) for a 7.83-acre land parcel in southeast Bengaluru. The firm will develop a residential project with a saleable area of about 0.89 million sq ft and an estimated gross development value (GDV) of Rs 1,100 crore.
Earlier in June, the firm entered into a JDA for a 6.4-acre land parcel in Sarjapur with Rs 1,000 crore GDV potential and 0.80 million sq ft saleable area.
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