Puravankara, KVN Join for Rs. 3,300-Crore North Bengaluru Project

Puravankara a Bengaluru based realtor has joined hands with KVN Property Holdings to develop a 24.59 acres of the land parcel in North Bengaluru through this joint venture LLP.

The project – with its Gross Development Value exceeding Rs. 3,300 crore – is to be launched within 6–9 months. Configured in an ideal manner adjacent to Kempegowda International Airport and other developmental and job facilities that are emerging, the development will be well positioned to take advantage of high value market demand, making it attractive to investors and those seeking homes in this quickly burgeoning area.

Commenting on the land acquisition, Ashish Puravankara, Managing Director of Puravankara Limited, said, “This joint venture highlights our sustained confidence in the North Bengaluru market, where we have already seen strong traction. The scale, location, and partnership model make this project an ideal platform for integrated development.”

Mallanna Sasalu, CEO of Provident Housing Limited, added, “North Bengaluru continues to attract discerning homebuyers, driven by infrastructure upgrades and improved connectivity to key economic hubs. This project builds on the success of our previous developments in the region, further validating this joint venture in a high-potential micro-market.”