New Delhi, March 9 Real estate firm Puravankara Ltd has formed a joint venture to develop a housing project in Bengaluru, with an estimated revenue of ₹1,300 crore.
In a regulatory filing on Monday, the company announced that it has "entered into a joint development agreement for a 4-acre land parcel on Hennur Road in Bengaluru, with an estimated gross development value (sales value) of over ₹1,300 crore."
The land parcel offers a total saleable area of approximately 0.84 million square feet.
Puravankara Ltd, based in Bengaluru, is one of the leading real estate developers in the country.
As of December 31, 2025, Puravankara has completed 93 projects spanning 56 million sq ft across nine cities – Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa.
The company's total land bank is 38 million sq ft, and ongoing projects add up to 34 million sq ft.