Mumbai, July 10 -- The acquisition aligns with the company's strategic vision to expand its footprint in key Bengaluru micro-markets that feature robust infrastructure, excellent connectivity, and sustained residential demand.

The land parcel offers a total saleable area of approximately 0.83 million square feet. Located in Balagere, East Bengaluru, the site benefits from strong and consistent market demand due to its proximity to major IT hubs and well-established social and physical infrastructure. The project is expected to launch within the next six to nine months.

Ashish Puravankara, managing director, Puravankara, said, "This joint development underscores our sustained growth strategy and reaffirms our confidence in East Bengaluru...