Puravankara's New Address in Mandur, Budigere

Puravankara Limited has secured a 14.57-acre land parcel located in Mandur, Budigere in Bengaluru with a potential gross development value of around Rs. 2,300 crore. Of this land parcel, 7.92 acres is part of a joint development agreement (JDA), while 6.65 acres has been purchased by Puravankara, giving the developer a capital-efficient foothold in one of Bengaluru's emerging eastern micro-markets. The total saleable area for the entire project will be approximately 1.8 msft, positioning it as a sizeable addition to the company's East Bengaluru portfolio.

Ashish Puravankara, Managing Director, described the acquisition as "part of our ongoing efforts to systematically add high-quality projects to our launch pipeline across strategic micro-markets," reflecting "disciplined approach to growth, a long-term view for the organisation, and confidence in the fundamentals of these markets". With this addition, the company's total landbank – developable area in Bengaluru – stands at 25.61 msft.

The project sits within the broader Mandur-Budigere growth corridor, an area that has emerged as a critical residential micro-market in the eastern growth arc, sitting off Old Madras Road with convenient access to Whitefield's Grade-A office parks, KR Puram, ITPL, the Outer Ring Road, and Kempegowda International Airport. This makes it a compelling option for the technology and corporate workforce that drives housing demand in this part of Bengaluru.

The development is currently at the land-acquisition and planning stage, with detailed unit configurations, tower plans, and pricing to be firmed up ahead of official launch. Homebuyers and investors can register interest now to receive first access to floor plans, pricing, and RERA details as they become available.