India's Puravankara rises on Bengaluru housing pact worth $261 million
12/10/2026 08:14
BUZZ-India's Puravankara rises on Bengaluru housing pact worth $261 million ** Shares of Puravankara PURA.NS rise 2.7% to 213 rupees
** The Indian real estate developer signs a joint development agreement (JDA) for 12.76-acre land parcel in Sathanur, Bengaluru
** Company says JDA signed for estimated gross development value of 25 billion rupees ($261.02 million)
** PURA says proposed development will strengthen its residential development pipeline in Bengaluru and reinforce its focus on high-potential micro-markets and strategic land additions
** Stock down 12.04%, YTD
($1 = 95.7775 Indian rupees)
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
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