India, July 10 -- Bengaluru-based real estate developer Puravankara Group has entered into a Joint Development Agreement (JDA) for a 5.5-acre land parcel in East Bengaluru, with Gross Development Value (GDV) exceeding Rs.1,000 crore, the company said.

Located in Balagere, the project is expected to offer a total saleable area of 0.83 million sq ft and a planned launch timeline of six to nine months.

"This joint development underscores our sustained growth strategy and reaffirms our confidence in East Bengaluru, one of the city's most dynamic and promising micro-markets. The scale and location of this project are ideal for an ultra-luxury offering tailored for individuals seeking a refined lifestyle that mirrors their success. It aligns ...