Puravankara Limited has signed a Joint Development Agreement (JDA) for an 11.23-acre land parcel in Doddagubbi, North Bengaluru, with an estimated gross development value (GDV) of Rs 1,100 crore. The proposed residential apartment project will have a developable area of approximately 0.74 million square feet, marking the developer's latest move to strengthen its presence in one of the city's fastest-growing residential corridors.
The company informed exchanges of the development in a regulatory filing, though it did not disclose the name of the landowner or the investment required to build the project. The JDA route allows Puravankara to develop the land without an outright purchase, a model the company has increasingly favoured for capital efficiency.
Commenting on the announcement, Ashish Puravankara, Managing Director, Puravankara Limited, said that FY26 was a landmark year for us, with our highest-ever annual sales of ₹7,407 crore, a 55% growth y-o-y, and a strengthened development pipeline across key micro-markets in Bengaluru and Mumbai. He added that this joint development in North Bengaluru is aligned with our strategy of expanding in high-demand urban corridors through a calibrated and capital-efficient approach, as the company works toward its FY27 sales guidance of Rs 11,200 crore.
Mallanna Sasalu, CEO - South, Puravankara Limited, highlighted the strategic value of the Doddagubbi location, noting that the micro-market is supported by robust social and civic infrastructure, reputed educational institutions, leading healthcare facilities and strong connectivity via NH-44. Doddagubbi enjoys strategic access to Hennur, Hebbal, Yelahanka, Manyata Tech Park and Kempegowda International Airport, positioning it as one of the city's most sought-after residential destinations with long-term growth potential.
Sasalu also pointed to the company's broader momentum in the city, noting that in FY26, Puravankara launched Purva Silversky and Purva Northern Lights in Bengaluru, along with new phases across existing developments, reflecting sustained demand for well-located, high-quality residential offerings. With this latest addition, the company's Bengaluru pipeline now represents over Rs 13,800 crore of GDV.
For homebuyers, the Doddagubbi announcement is an early-stage signal rather than an active project launch — no RERA registration, pricing, or configuration details have been released yet. The parcel's location, however, places it within a corridor that has seen consistent infrastructure-led appreciation, given its proximity to established IT and business hubs like Manyata Tech Park and Hebbal, as well as the airport via NH-44.
This JDA follows a series of recent additions across key micro-markets in the city, reinforcing Puravankara's asset-light expansion strategy in Bengaluru. As of March 31, 2026, Puravankara has completed 95 projects totalling 57 million sq ft across nine cities including Bengaluru, Chennai, Kochi, and Hyderabad. Homebuyers and investors tracking North Bengaluru's residential corridor can expect further updates as the Doddagubbi project moves from land agreement toward formal launch and RERA registration.
