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Puravankara expands in East Bengaluru with joint development worth ₹1,000 cr

  • Puravankara has expanded in East Bengaluru with a joint development worth ₹1,000 crore aimed at tapping into strong residential demand near major IT hubs and established infrastructure.
  • The project aligns with the company's strategy to strengthen its presence in high-potential micro-markets across Bengaluru, offering ultra-luxury housing tailored for individuals seeking a refined lifestyle.
  • This joint development in Balagere reflects Puravankara's capital-efficient growth approach, expecting to bring the project to market within 6-9 months to capitalize on steady sales and rental demand in the area.
  • The company's recent acquisitions and joint ventures, including projects in Kanakapura Road and North Bengaluru, demonstrate its expansion plans, alongside diversification into residential and commercial developments, technology-driven construction, and interior design.

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