Puravankara Limited has announced the acquisition of a 53.5-acre land parcel in Anekal Taluk, Bengaluru, marking another strategic expansion in one of the city’s fast-developing residential corridors. The company, listed on the NSE and BSE, continues to strengthen its footprint across key Bengaluru micro-markets where infrastructure upgrades, connectivity improvements, and steady end-user demand are driving long-term housing growth.
The newly acquired land is located at Attibele Hobli and offers a saleable development potential of around 6.4 million square feet. According to the company, the project carries a potential gross development value exceeding ₹4,800 crore, making it a significant addition to Puravankara’s future launch pipeline.
Commenting on the acquisition, Ashish Puravankara, Managing Director of Puravankara Limited, said the move aligns with the company’s systematic approach to land acquisition across strategic micro-markets. He highlighted that the purchase reflects a disciplined growth strategy, a long-term organisational outlook, and confidence in the fundamentals of Bengaluru’s emerging residential zones to support the creation of large, sustainable communities.
