Puravankara Announces ₹1,100 Crore Residential JDA in North Bangalore's Doddagubbi

Project Overview

Puravankara Limited continues to expand its footprint in Bengaluru's high-growth residential market with the signing of a Joint Development Agreement (JDA) for an 11.23-acre land parcel in Doddagubbi, North Bengaluru. The proposed project is expected to generate a Gross Development Value (GDV) of approximately ₹1,100 crore and deliver around 0.74 million square feet of developable residential space.

Puravankara has yet to reveal the total investment required, and specific apartment configurations, unit sizes, and pricing have not been disclosed in regulatory filings or public announcements as of early September 2026. The company has also not announced a possession or launch timeline for the project.

Development Model

The project will be developed through a Joint Development Agreement, reflecting Puravankara's increasing focus on asset-light growth models. JDAs allow developers to expand their project pipeline without significant upfront land acquisition costs, helping optimize capital allocation while accelerating project launches.

Ashish Puravankara, Managing Director, said the development is aligned with the company's strategy of expanding in high-demand urban corridors, with long-term demand visibility and strong employment access.

Locality Context: Doddagubbi

Located in the rapidly developing northern region of Bengaluru, Doddagubbi has increasingly attracted attention from both developers and homebuyers. The locality offers seamless connectivity to major employment and commercial hubs including Hennur, Hebbal, Yelahanka, Manyata Tech Park, and Kempegowda International Airport.

Doddagubbi, situated in the rapidly expanding North Bengaluru corridor, is strategically positioned with access to Hennur, Hebbal, Yelahanka, Manyata Tech Park, and the Kempegowda International Airport, one of the busiest aviation hubs in India. The area benefits from strong social infrastructure, reputed schools, healthcare facilities, and excellent connectivity via NH-44.

Doddagubbi features esteemed institutions like Silverdale International School and Sofia Public School for school education. Nearby metro station and bus stops are K.R. Pura Metro Station, Purple Line, 9.6 km, and Dodda Gubbi Bus Stop and Chikkagubbi Bus Stop. For travelling via railway or airport, residents can access Yelahanka Railway Station, 11 km, and Kempegowda International Airport, 21.7 km.

Market Position

Managing Director Ashish Puravankara highlighted the landmark achievements of FY26, noting record sales at ₹7,407 crore fueled by a 55% year-on-year growth. The latest acquisition reinforces the developer's long-term strategy of deepening its presence in Bengaluru through capital-efficient development models while targeting emerging residential micro-markets with strong infrastructure growth and housing demand.

As North Bengaluru continues to evolve into one of the city's most sought-after real estate markets, areas like Doddagubbi are benefiting from ongoing infrastructure investments and improved accessibility.