The Puravankara Group and KVN Property Holdings LLP, a recently established institutional real estate platform headed by seasoned businessman Venkat K. Narayana, have partnered to develop a 24.59-acre plot of land in North Bengaluru. With a projected Gross construction Value (GDV) of over ₹3,300 crore, the project.
The property is ideally situated close to Kempegowda International Airport and important infrastructure corridors, and it offers a potential saleable area of over 3.48 million square feet. The project is anticipated to be completed within the next six months due to strong housing demand and good access to important job centers.
KVN Properties’ long-term goal of concentrating on land aggregation and is one of the biggest residential construction transactions in the area in recent memory. development is perfectly aligned with this relationship. “This joint venture highlights our sustained confidence in the North Bengaluru market, where we have already.
Demonstrated strong traction,” said Ashish Puravankara, Managing Director, Puravankara Limited. This project’s size, location, and partnership model make it a perfect platform for integrated development that speaks to the goals of urban homeowners. It is consistent with our overarching goal of developing superior.
Neighborhood-focused housing throughout developing corridors. “As an integrated land aggregation platform, our core strength lies in identifying and consolidating strategic land parcels across high-growth corridors,” said Venkat K. Narayana, promoter of KVN Properties. This joint venture would revitalize our 24.59 acres.
Property with Puravankara in a high-growth corridor, which has a great need for knowledge in addition to their marketing and delivery skills. The purpose of KVN’s concept is to eliminate the systemic inefficiencies in the Indian real estate market, namely those pertaining to land acquisition. KVN wants to shorten project timelines.
The joint venture is launched during a period of strong market momentum. Bengaluru saw the most year-over-year increase in new property releases in Q1 2025, at 26%, according to Knight Frank, reiterating the city’s high level of attraction to investors and purchasers. Thanks to rising economic activity and infrastructure expenditures, North Bengaluru in particular is becoming a high-growth zone.
Additionally, KVN is considering growing into other significant cities including and reduce risks for its developer partners by concentrating on collecting clean, contiguous, and development-ready properties. Hyderabad, Pune, Mumbai, and Chennai. In order to have a nationwide presence within the next two years, KVN.
This joint venture is the first significant step in KVN Properties’ quest to become a game-changing force in India through strategic partnerships with reputable North Bengaluru continues to attract discerning homebuyers, driven by infrastructure upgrades and connectivity to key economic hubs,” said Mall anna Sisulu, CEO of.
Provident Housing is also considering growth into additional significant cities, including Chennai, Hyderabad, Pune, and Mumbai. The success of our prior projects served as the foundation for this project, confirming the joint venture’s growth in this micro market. We are certain that this project will be a fantastic addition to our.
Real estate developer KVN Property and leading builder Puravankara have announced a joint venture for a ₹3,300 crore mixed-use development project in Bengaluru. Spanning over 9.1 million sq ft in South Bengaluru, the project will feature residential, commercial, and retail spaces. This strategic collaboration aims to meet.
The rising demand for integrated urban living in one of India’s fastest-growing cities. With a focus on quality and sustainability, the development is expected to set new in the Indian real estate market, namely those pertaining to land. KVN wants to shorten project timelines benchmarks in the region’s real estate landscape while contributing significantly to the economy.
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