Project Overview
Puravankara has marked its entry into Sanna Ammanikere with an outright acquisition of a 9.73-acre land parcel in North Bengaluru's airport corridor. The outright acquisition has a development potential of approximately 0.89 million sq ft, with an estimated gross development value (GDV) of ₹800 crore. The site sits in one of the city's most closely watched growth belts, giving the upcoming development strong long-term visibility.
This move is part of a deliberate strategy rather than an isolated purchase. The acquisition reinforces Puravankara's strategy of strengthening its presence across high-growth Bengaluru micro-markets through a balanced mix of outright purchases and capital-efficient partnerships. The upcoming residential development will cater to the growing demand for thoughtfully designed homes in well-connected urban growth corridors.
The location itself is a key part of the project's promise. The land parcel is located in the Devanahalli growth corridor, with connectivity to Kempegowda International Airport and access to key employment hubs. The region continues to benefit from the northward expansion of Bengaluru's technology, aerospace, logistics and commercial ecosystems, supported by major infrastructure developments such as the Airport Metro, Satellite Town Ring Road, Aerospace Park and Airport City.
Backing this pipeline is a developer with considerable scale. As of March 31, 2026, the company had completed 95 projects covering around 57 million square feet across nine cities. Its land bank stands at approximately 40 million square feet, while ongoing projects account for about 36.69 million square feet.
At a Glance
