Puravankara Ltd enters ₹1,300 Cr housing project on Hennur Road; check key details here
News by Aliceblue News Desk
09 Mar 2026
Introduction
Leading real estate developer entered joint development project on Hennur Road, Bengaluru. The project has gross development value above ₹1,300 crore and about 0.84 million sq ft saleable area.
Share price movement of Puravankara
On March 9, 2026, Puravankara Ltd opened at ₹191.70, up 2.49% from its previous close of ₹187.05. The stock reached a high of ₹191.70 (2.49%) and a low of ₹176.85. By 11:42 AM, it traded at ₹179.70, a 3.93% decrease, with a market cap of ₹4,261.58 crore.
Puravankara Enters ₹1,300 Cr Project
Puravankara Limited announced entry into a joint development project on Hennur Road in Bengaluru. The project has an estimated gross development value of over ₹1,300 crore.
The development covers a 4-acre land parcel. The project will have a total saleable area of about 0.84 million square feet, according to the company press release.
The site lies on Hennur Road in Bengaluru. The location has demand due to proximity to major technology parks and established social and physical infrastructure in the area.
Stock performance of Puravankara for period of 1 week, 6 months, and 1 year
Puravankara Ltd declined 2.09% over the past week. The stock fell 34.5% in the past 6 months and dropped 26.4% over the past 1 year.
Shareholding pattern of Puravankara
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 75.00% | 75.00% | 75.00% |
| FII | 17.20% | 17.20% | 17.30% |
| DII | 0.50% | 0.50% | 0.70% |
| Public | 7.30% | 7.30% | 7.10% |
About Puravankara
Puravankara Limited (NSE: PURVA) is a Bengaluru-based real estate developer with residential brands Puravankara, Provident Housing, and Purva Land, and presence in residential, commercial, and construction solutions.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Puravankara Limited share price in focus today?
A: Puravankara Limited entered joint development project on Hennur Road, Bengaluru with gross development value above ₹1,300 crore and about 0.84 million sq ft saleable area.
Q: What is Puravankara Limited’s main business focus?
A: Puravankara Limited develops residential and commercial real estate projects across India through brands Puravankara, Provident Housing, and Purva Land.
Q: What are the 52-week high and low of Puravankara Limited stock?
A: Puravankara Limited stock has a 52-week high of ₹338.50 and a 52-week low of ₹160.00.
News Author
Aliceblue News Desk
