$PURVA

PURAVANKARA SIGNS NORTH BENGALURU JDA WITH ₹1,100 CR GDV POTENTIAL 🏗️🏙️ • 📍 Signed JDA for an 11.23-acre land parcel at Doddagubbi, North Bengaluru • 💰 Project carries an estimated Gross Development Value (GDV) of ₹1,100 Cr • 🏢 Planned residential apartment project with ~0.74 million sq. ft. developable area • 🚀 Deal aligns with Puravankara's strategy of expanding in high-demand urban corridors through a capital-efficient model • 🎯 Management maintains FY27 sales guidance of ₹11,200 Cr • 📈 FY26 was a record year with ₹7,407 Cr sales, up 55% YoY • 🌆 North Bengaluru location benefits from connectivity to Hebbal, Yelahanka, Manyata Tech Park, Airport and NH-44 • 🏘️ Bengaluru remains the company's largest market with strong residential demand • 📊 Bengaluru development pipeline now exceeds ₹13,800 Cr GDV • ➕ Project strengthens Puravankara's launch pipeline and long-term growth visibility in key Bengaluru micro-markets 🟢 Impact: Positive (Adds ₹1,100 Cr GDV to project pipeline, strengthens Bengaluru presence and supports future sales growth with minimal upfront land acquisition costs.)