Puravankara Adds 53.5 Acres of Land in Bengaluru for Future Homes
In December 2025, Puravankara Limited became the centre of attention in the stock market. One day, many people started buying the company’s shares. Because so many people were buying at the same time, the share price went up very fast. By the end of the day, the shares had risen by more than 17 per cent, which is a very strong rise in just one day.
The main reason for this sudden rise was a large land purchase announced by the company in Bengaluru. This news made investors feel hopeful about the company’s future.
Puravankara bought a 53.5-acre land parcel in Anekal Taluk, Attibele Hobli, which is a growing area in Bengaluru. Many people want to buy homes in this location because it is developing quickly and has good living conditions.
The company shared that this land can be used to build homes and buildings covering more than 6.4 million square feet. This means the land is large enough for many housing projects. The company also said that the total value of future projects on this land could be over ₹4,800 crore.
| Detail | Information |
|---|---|
| Size of Land | 53.5 acres |
| Place | Attibele, Bengaluru |
| Value of Land | ₹4,800 crore |
| Type of Project | Homes and community areas |
After the land deal was announced, investors felt confident about the company’s plans. Many people believed that this land would help Puravankara build more homes and grow its business in the coming years.
Because of this positive feeling, more investors started buying the shares. On the same day, the share price jumped by around 17.5 per cent during trading. Such a big rise in one day does not happen often, which is why it caught a lot of attention.
Puravankara plans to build homes on this land in stages. Reports say the company may build around 6,000 to 7,000 homes on this land. The work will not finish quickly. It may take about 7 to 8 years to complete all the homes.
Building homes step by step helps the company manage work better and meet housing demand over time. This plan shows that the company is thinking about long-term growth and not just quick profits.
This land purchase is part of a bigger plan. Earlier in the same financial year, Puravankara added more land in Bengaluru and Mumbai. During the first half of FY26, the company added about 6.36 million square feet of new development area.
The value of these earlier projects was around ₹9,100 crore. After adding the new Bengaluru land, the total planned development area for the year increased to 12.76 million square feet—the total value of all planned projects reached about ₹13,900 crore.
Investors like companies that plan well for the future. Buying land in good locations shows strong planning and confidence. The sharp rise in Puravankara’s share price shows that investors trust the company’s plans.
The land deal clearly showed that Puravankara is preparing to build many homes in the coming years, which is why investors reacted positively.
Purva Group New launch Project is Purva Northern Lights
