Greater Noida Residential
Puravankara Premium Residential Township at DMIC Greater Noida
Bengaluru-based realty developer Puravankara Ltd has made its debut in the Delhi-NCR market by acquiring a 13.44-acre land parcel in Greater Noida for ₹340 crore. The company plans to develop a large-scale residential project with an estimated Gross Development Value (GDV) of about ₹5,200 crore.
| Developer | Puravankara Limited (Bengaluru-based listed real estate company) |
|---|---|
| Executing Entity | Prudential Housing and Infrastructure Development Limited (wholly-owned subsidiary of Puravankara) |
| Land Acquisition | 13.44 acres acquired for ₹340 crore |
| Saleable Area | Approximately 4.57 million sq ft |
| Estimated GDV | ₹5,200 crore |
| Location | Along the Delhi–Mumbai Industrial Corridor (DMIC) stretch in Greater Noida |
| Allotment Authority | DMIC Integrated Industrial Township Greater Noida Limited (via e-auction) |
| Acquisition Date | September 2026 |
| Project Type | Premium high-rise residential township |
| Market Entry | Marks Puravankara's maiden entry into the Delhi-NCR region |
Developer Profile
Puravankara was founded in 1975 and is based in Bengaluru, India. As of June 30, 2026, Puravankara has completed 97 projects totalling around 59 million sq ft across nine locations including Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company has a total land bank of around 40 million square feet, while ongoing projects covered 35.14 million square feet.
Location & Regional Context
The plot is located along the Delhi–Mumbai Industrial Corridor (DMIC) stretch in Greater Noida. Planned as an integrated industrial and urban ecosystem, the township benefits from access to key regional infrastructure, including the Yamuna Expressway. The development of Noida International Airport at Jewar is also expected to further strengthen connectivity and support economic and employment growth across the region.
The developer intends to position the project as a premium high-rise residential township, leveraging connectivity via the Yamuna Expressway and proximity to the upcoming Noida International Airport.
Land Parcel & Allotment Details
Puravankara acquired the 13.44-acre land parcel in Greater Noida for ₹340 crore. The land has been allotted to Puravankara's wholly-owned subsidiary, Prudential Housing and Infrastructure Development Limited, through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida Limited.
DMIC Integrated Industrial Township Greater Noida Limited (DMIC IITGNL) is a SPV Company between Greater Noida Industrial Development Authority (GNIDA) and National Industrial Corridor Development and Implementation Trust (NICDIT) for development and operation of Integrated Industrial Township, Multi Modal Logistics Hub and Multi Modal Transport Hub at Greater Noida under prestigious Delhi Mumbai Industrial Corridor Project of the Government of India.
Product Type & Specifications
The company plans to develop a large-scale residential project with an estimated Gross Development Value (GDV) of about ₹5,200 crore. The plot offers a saleable potential of approximately 4.57 million sq ft. The project is designed as a premium residential township with modern amenities and smart infrastructure.
Acquisition Significance
The acquisition is Puravankara's largest land transaction in FY27 so far. Including this acquisition, the company's FY27 business development across Delhi-NCR, Mumbai, and Bengaluru spans about 10.74 million sq ft of saleable area and an estimated GDV of ₹14,100 crore.
The National Capital Region is among India's largest and most dynamic real estate markets, and the company had been "deliberate in identifying the right opportunity to establish our presence here."
Integrated Industrial Township Greater Noida
The Integrated Industrial Township-Greater Noida (IIT-GN), spanning 747 acres, is a flagship DMIC project located southeast of Greater Noida, abutting the Eastern Peripheral Expressway and Delhi-Howrah railway line. Located just 11 km from Pari Chowk, the site offers excellent connectivity via Delhi-Howrah Railway Line, Eastern Peripheral Expressway, and proximity to the Boraki transit hub and Dadri logistics hub.
The Integrated Industrial Township has around 155 acre land available for industrial use and 111 acre of land for other uses like residential, commercial, institutional etc. Strategically located within the DMIC Integrated Industrial Township, the project sits within a rapidly emerging residential district that has attracted investments from leading national developers, reflecting growing institutional confidence in the long-term potential of the micro-market.
Frequently asked questions
Why is Puravankara entering Greater Noida through the DMIC township?
Greater Noida presents a compelling opportunity for Puravankara to establish its presence in NCR at a meaningful scale. The region is seeing strong infrastructure-led growth, expanding economic activity and improving connectivity, creating a favourable environment for long-term residential demand.
What is the saleable area of the Puravankara project?
The plot offers a saleable potential of approximately 4.57 million sq ft along the Delhi–Mumbai Industrial Corridor stretch in Greater Noida.
Which entity is executing the project?
The land has been allotted to Prudential Housing and Infrastructure Development Limited, which is Puravankara's wholly-owned subsidiary, through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida Limited.
What makes the Greater Noida location attractive for residential development?
The township is planned as an integrated industrial and urban ecosystem with access to key regional infrastructure, including the Yamuna Expressway. The development of Noida International Airport at Jewar is also expected to further strengthen connectivity and support economic and employment growth across the region.
Is this Puravankara's first project in the NCR?
This marks the firm's entry into the Delhi-NCR region. The acquisition is Puravankara's largest land transaction in FY27 so far.
What is the total land area of the DMIC township?
The Integrated Industrial Township-Greater Noida (IIT-GN) spans 747 acres and is a flagship DMIC project located southeast of Greater Noida, abutting the Eastern Peripheral Expressway and Delhi-Howrah railway line.
Sources
- Homebuyers, take note! Puravankara plans ₹5,200 crore Greater Noida housing project near airport
- Puravankara Expands Into Delhi-NCR Via 13.44-Acre Greater Noida Site Acquisition With ₹5,200-Crore GDV
- Puravankara gets 13.44 acre land parcel in Greater Noida
- DMIC Integrated Industrial Township Greater Noida Limited (LinkedIn)
- Integrated Industrial Township Greater Noida | NICDC
- Puravankara eyes ₹5,200 cr in GDV from its maiden Delhi-NCR project
- Puravankara Limited (Wikipedia)