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.