KVN Properties and Puravankara join forces for Rs 3,300 crore residential project in north Bengaluru
KVN Property Holdings LLP, a newly established, institutionally backed real estate platform founded by seasoned industry leader Venkat K. Narayana, has entered a landmark joint venture with the Puravankara Group. The collaboration aims to develop a 24.59-acre land parcel in North Bengaluru, with a projected Gross Development Value (GDV) of over ₹3,300 crore. This makes…
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Stocks in news: Nykaa, Delhivery, IndusInd Bank, Mazagon Dock, ITC
Markets came under pressure and declined by nearly one and a half percent, largely weighed down by weak global cues. In today’s trade, shares of Nykaa, Delhivery, IndusInd Bank, Mazagon Dock, ITC among others will be in focus due to various news developments and third quarter updates. NykaaNykaa’s consolidated net revenue growth is expected to…
READ MOREPuravankara eyes strong growth across residential and commercial segments
Puravankara Ltd. is aggressively expanding its commercial real estate portfolio while continuing to maintain strong growth in its residential business over the next five years, said a senior company official. The company plans to develop and lease 3 million sq. ft. of commercial office space, targeting Rs 300 crore in annual rental income by FY…
READ MOREPuravankara pre-sales at Rs 1,265 crores in Q3FY25, collections up 6% Y-o-Y at Rs 993 crores
Puravankara, Bengaluru based real estate developer, reported sales of ₹1,265 crore for Q3 FY25, marking a 2% increase compared to ₹1,241 crore in Q3 FY24. The company also achieved a total sale value of ₹3,724 crore during the first nine months of FY25 (9M FY25). Customer collections for Q3 FY25 stood at ₹993 crore, reflecting…
READ MOREPuravankara expands land portfolio with strategic acquisition in Bengaluru’s Kanakapura Road
Puravankara, a real estate development company, has purchased a 3.63-acre land parcel on Kanakapura Road in Bengaluru, to expand its presence in key micro-markets of Bengaluru.The recently acquired land parcel in Vajrahalli, Kanakapura Road, spans an area of 3.63 acres, with a saleable area of 5.42 lakh sq ft and a total estimated Gross Development…
READ MOREproperty prices: Housing sales across India’s top 7 cities expected to witness double digit growth in FY25
MUMBAI: The residential sales across India’s top seven cities are expected to witness double digit growth in 2024-25. The area sold in Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru, Hyderabad, Pune, Kolkata, Chennai is likely to increase 10-12% to 785-800 million sq ft in the current financial year, on a high base of…
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