Puravankara Acquires 7-Acre Bengaluru Land Parcel

03 Jul 2024 CW Team

The acquisition aligns with Puravankara's commitment to enhancing its footprint in key urban centers, leveraging its expertise to deliver innovative and sustainable housing solutions. The 7-acre land parcel, located in a sought-after area of Bengaluru, provides ample scope for a comprehensive residential project designed to meet modern living standards. With this investment, Puravankara aims to capitalize on the city's robust real estate market dynamics and cater to the evolving preferences of homebuyers seeking premium living spaces.

This strategic move underscores Puravankara's proactive approach to harnessing growth opportunities in Bengaluru's real estate sector, known for its steady demand and infrastructural developments. The project's development is expected to contribute significantly to the local economy, creating employment opportunities and fostering sustainable urban development practices. Puravankara's commitment to quality and innovation in residential construction positions it as a key player in shaping Bengaluru's skyline while meeting the growing housing needs of the city's discerning homebuyers.

The acquisition of this substantial land parcel not only signifies Puravankara's confidence in Bengaluru's real estate market resilience but also reinforces its vision to deliver landmark residential projects that redefine urban living experiences. As the project progresses, Puravankara remains dedicated to upholding its legacy of excellence, sustainability, and customer-centricity, aiming to set new benchmarks in the residential real estate segment of Bengaluru.

Puravankara Limited, a prominent real estate developer, has acquired a prime 7-acre land parcel in Bengaluru to bolster its residential portfolio. The acquisition, valued at Rs 900 crore, marks a significant step towards expanding Puravankara's presence in one of India's fastest-growing real estate markets. Situated strategically in Bengaluru, this new development project aims to cater to the burgeoning demand for high-quality residential spaces in the city's thriving real estate landscape. The acquisition aligns with Puravankara's commitment to enhancing its footprint in key urban centers, leveraging its expertise to deliver innovative and sustainable housing solutions. The 7-acre land parcel, located in a sought-after area of Bengaluru, provides ample scope for a comprehensive residential project designed to meet modern living standards. With this investment, Puravankara aims to capitalize on the city's robust real estate market dynamics and cater to the evolving preferences of homebuyers seeking premium living spaces. This strategic move underscores Puravankara's proactive approach to harnessing growth opportunities in Bengaluru's real estate sector, known for its steady demand and infrastructural developments. The project's development is expected to contribute significantly to the local economy, creating employment opportunities and fostering sustainable urban development practices. Puravankara's commitment to quality and innovation in residential construction positions it as a key player in shaping Bengaluru's skyline while meeting the growing housing needs of the city's discerning homebuyers. The acquisition of this substantial land parcel not only signifies Puravankara's confidence in Bengaluru's real estate market resilience but also reinforces its vision to deliver landmark residential projects that redefine urban living experiences. As the project progresses, Puravankara remains dedicated to upholding its legacy of excellence, sustainability, and customer-centricity, aiming to set new benchmarks in the residential real estate segment of Bengaluru.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Infrastructure Urban

06 Nov 2025

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Infrastructure Transport

06 Nov 2025

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..