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Puravankara aims Rs 1,000 cr revenue from 6.4 acre housing project in Bengaluru

As reported by Markets-Economic Times
Puravankara is embarking on an ambitious 6.4-acre residential project in Bengaluru's Sarjapur neighborhood, with projected earnings of Rs 1,000 crore. This project, developed through a collaborative agreement with a landowner, will offer 0.8 million sq ft of saleable space. The company aims to capitalize on the joint development agreement model, minimizing initial investment while diversifying its presence in key urban markets across India.
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Puravankara is developing a 6.4-acre housing project in Bengaluru's Sarjapur area, targeting Rs 1,000 crore in revenue. This venture, part of a joint development agreement, will feature 0.8 million sq ft of saleable space. The strategy aims to reduce upfront investment while…

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