Puravankara Limited has announced the acquisition of a 53.5-acre land parcel in Anekal Taluk, Bengaluru. This strategic acquisition is in line with the company's objective to expand its presence in key micro-markets within Bengaluru, driven by improvements in infrastructure, connectivity, and consistent end-user demand. The acquired land, situated in Attibele Hobli, offers a saleable area of 6.4 million square feet and has a potential gross development value (GDV) exceeding ₹4,800 crores. Ashish Puravankara, Managing Director, stated that this acquisition is part of the company's continuous efforts to add quality developable land to its pipeline, reflecting a disciplined growth strategy and confidence in the long-term fundamentals of these markets. Mallanna Sasalu, CEO - South, highlighted that the project is located in a micro-market with strong end-user demand and limited developable land. He also noted that in H1 FY26, Puravankara had already added 6.36 million sq ft of developable area in Bengaluru and Mumbai, with an estimated GDV of ₹9,100 crores. The current acquisition further boosts the potential GDV to ₹13,900 crores and the developable area to 12.76 million sq ft for the year to date. Earlier acquisitions in Bengaluru this year include a partnership with KVN Property Holdings LLP for a 24.59-acre parcel at KIADB Hardware Park (3.48 msft developable area, ₹3,300 crores GDV) and a joint development for a 5.5-acre parcel in Balegere (0.85 msft developable area, ₹1,000 crores GDV).