Puravankara Limited has announced a joint development agreement for a 4-acre land parcel on Hennur Road, further strengthening its presence in one of the city’s fast-growing residential corridors.
The proposed development is expected to generate a gross development value (GDV) of more than ₹1,300 crore, highlighting the company’s continued focus on expanding its residential portfolio in high-demand micro-markets across Bengaluru.
According to the company, the land parcel will offer a total saleable area of approximately 0.84 million square feet. The project forms part of Puravankara’s strategy to scale its footprint in Bengaluru through strategic land acquisitions and joint development opportunities.
Hennur Road has emerged as one of Bengaluru’s most sought-after residential destinations in recent years, supported by strong infrastructure development, seamless connectivity, and proximity to key employment hubs. The location provides easy access to several prominent tech parks, making it an attractive residential option for professionals working in the city’s thriving technology sector.
The area is also supported by well-developed social infrastructure, including schools, healthcare facilities, retail centres, and entertainment hubs. These factors continue to drive sustained housing demand in the corridor, making it a strategic location for large-scale residential developments.