Puravankara Limited — Updates, 09-05-2025: Press Release

Puravankara has formed a joint venture with KVN Property Holdings LLP to develop a 24.59-acre land parcel in North Bengaluru, targeting a GDV of over ₹3,300 Cr across ~3.48 million sq. ft. saleable area, with launch planned within 6–9 months. The location near the airport and strong demand underpin the project’s outlook. Mallanna Sasalu has been appointed CEO of Puravankara Ltd – South, bringing 32+ years of real estate expertise, aimed at bolstering growth in the southern market.