NEW DELHI: Puravankara has acquired a 3.63-acre land parcel in Vajrahalli, Kanakapura Road, Bengaluru.
The land parcel has a saleable area of 5.42 lakh sq ft and a total estimated gross development value of over Rs 700 crore.
Ashish Puravankara, managing director of the company said, “Our focus will continue to be on business development to replenish our land bank in such strategic locations with favourable demand-supply conditions.”
The company recently appointed Deepak Rastogi as the group chief financial officer (CFO) and elevated Neeraj Gautam, who has been serving as the president-finance, to the post of deputy CFO.