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 Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..