Puravankara Arm Wins Rs 144 Crore Bengaluru Housing Project

07 May 2026 CW Team

The project will be executed by the company's subsidiary and covers residential construction in Bengaluru under the agreed terms. The timeline for delivery is 28 months and the contract sets out stages for design, construction and handover. Detailed information on unit count and site address was not disclosed.

The contract value will contribute to the firm's near-term revenue visibility and strengthen its order book in the region. The award reflects ongoing demand for organised residential development in Bengaluru and continued activity among established developers. Procurement of materials and mobilisation of construction resources will be aligned with the project schedule to meet completion targets.

Further financial particulars were not provided in the release. The company indicated that the project will be integrated into its existing portfolio and managed in line with corporate standards for quality and compliance. The announcement follows other project awards that the company said reinforce its strategic focus on market growth in key urban centres.

Execution will involve mobilisation of labour and engagement of suppliers and contractors from the region, with procurement planned to align with project timelines and quality standards. The developer outlined that project management will include routine progress monitoring, adherence to statutory approvals and implementation of health and safety protocols on site. Regular updates will be provided to stakeholders through established corporate communication channels and financial reporting mechanisms. The project is to be delivered within the stipulated timeframe while conforming to applicable regulatory and environmental norms.

An arm of Puravankara has secured a Rs 144 crore housing project in Bengaluru, with construction to be completed in 28 months. The contract is valued at Rs 144 crore, equivalent to Rs one point four four billion (bn), and was announced in a company release. The award adds a new assignment to the developer's project portfolio in the city. The project will be executed by the company's subsidiary and covers residential construction in Bengaluru under the agreed terms. The timeline for delivery is 28 months and the contract sets out stages for design, construction and handover. Detailed information on unit count and site address was not disclosed. The contract value will contribute to the firm's near-term revenue visibility and strengthen its order book in the region. The award reflects ongoing demand for organised residential development in Bengaluru and continued activity among established developers. Procurement of materials and mobilisation of construction resources will be aligned with the project schedule to meet completion targets. Further financial particulars were not provided in the release. The company indicated that the project will be integrated into its existing portfolio and managed in line with corporate standards for quality and compliance. The announcement follows other project awards that the company said reinforce its strategic focus on market growth in key urban centres. Execution will involve mobilisation of labour and engagement of suppliers and contractors from the region, with procurement planned to align with project timelines and quality standards. The developer outlined that project management will include routine progress monitoring, adherence to statutory approvals and implementation of health and safety protocols on site. Regular updates will be provided to stakeholders through established corporate communication channels and financial reporting mechanisms. The project is to be delivered within the stipulated timeframe while conforming to applicable regulatory and environmental norms.

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