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PURVA — Puravankara News Story

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India's Puravankara rises on new development plan in Bengaluru

BUZZ-India's Puravankara rises on new development plan in Bengaluru 

** Shares of India's real estate developer Puravankara PURA.NS rose as much as 2.71% to 216.37 rupees

* Stock last up 1.07% to 216.60 rupees

** Co enters Joint Development Agreement for 7.83-acre land parcel in Southeast Bengaluru with 11 billion rupees($114.93 million) Gross Development Value potential

** Co says project has saleable area of about 0.89 million sq.ft. and will be developed as a residential community in South Bengaluru corridor

** Stock down 9.46% YTD



($1 = 95.7075 Indian rupees)


(Reporting by Anushka Rajvedi in Bengaluru)

((mailto: anushka.rajvedi@thomsonreuters.com))

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