IndustryLatest Stories

Shriram Properties to Co-Develop 9.1 Acres in Bengaluru

Representative AI image NEW DELHI: Shriram Properties (SPL) has entered into a joint development agreement (JDA) for a 9.1-acre land parcel in Doddagubbi, North-East Bengaluru. The site offers a development potential of about 6.7 lakh sq ft, with an estimated gross development value (GDV) exceeding ₹600 crore. The project is slated for launch within this financial year. Akshay Murali, Vice President – Business Development at the company, stated, “North-East Bengaluru is rapidly becoming one of the most promising residential growth areas in the city, bolstered by significant infrastructure enhancements, improved connectivity, and consistent end-user demand.” Published On Jun 15, 2026…

IndustryLatest Stories

Puravankara to Co-Develop 11.23-Acre Site in North Bengaluru

NEW DELHI: Puravankara has entered into a joint development agreement (JDA) for an 11.23-acre land parcel in Doddagubbi, North Bengaluru, with an estimated gross development value (GDV) of ₹1,100 crore. The forthcoming residential apartment project will encompass approximately 0.74 million sq ft. Ashish Puravankara, Managing Director of Puravankara, stated, “FY26 marked a significant milestone for us, with record annual sales reaching ₹7,407 crore, representing a 55% year-on-year growth. As we strive towards our FY27 sales target of ₹11,200 crore, our focus will be on enhancing our presence in markets characterized by strong infrastructure, job accessibility, and sustained demand.” In FY26,…