Purva Mandur Project Summary
Purva Mandur is a township-scale gated apartment community being developed by Puravankara Limited at Mandur, off the Budigere Road / Old Madras Road corridor in East Bengaluru. It is anticipated to deliver 2 and 3 BHK apartments across roughly 1.8 million sq ft of saleable development potential, with an estimated gross development value of around ₹2,300 crore. Puravankara secured the land in an acquisition announced on 25 May 2026, structured as a blend of joint development (7.92 acres) and outright purchase (6.65 acres). The project is at the pre-launch stage - the land is secured and the development is under design, with the official name, unit count, tower count, configuration sheet, pricing, RERA registration, and possession date all yet to be announced.
The scale matters. At 14.57 acres and ~1.8 million sq ft, this is a township, not a boutique tower - large enough to carry the full clubhouse-anchored amenity programme, a central green spine, phased delivery, and community-scale infrastructure that define Puravankara's flagship Bengaluru communities. It is the developer's play for the East-Bengaluru value corridor at genuine scale, and the largest single bet in its FY26 Bengaluru aggregation.
The 14.57-acre parcel was aggregated as a mix of joint development and outright purchase - 7.92 acres under a JDA and 6.65 acres bought outright. That blended structure is characteristic of how large, contiguous township parcels are assembled at value-corridor addresses: the JDA brings a landowner's holding into a single scheme without the capital drag of an all-cash purchase, while the outright portion anchors firm control and title on the site. The exact saleable split may firm up as the JDA share settles - a normal feature of blended structures, framed here as upside rather than a caveat.
Developer Overview and Delivery Context
Puravankara Limited is one of India's earliest publicly listed residential developers, founded in Bengaluru in 1975 by Ravi Puravankara and listed on the NSE (PURVA) and BSE (532891) since 2007. Over five decades it has built a reputation for architecturally distinctive premium apartments - first across mature South and Central Bengaluru micro-markets, then across a national footprint spanning Mumbai, Chennai, Pune, Hyderabad, Coimbatore, and Kochi. As of 2026 the company reports 86+ completed projects spanning roughly 50 million sq ft delivered, more than 23,000 homes handed over, and 31+ million sq ft under development. It carries a CRISIL DA1+ developer rating - among the highest issued in India - and its Managing Director, Ashish R. Puravankara, was re-appointed by shareholders in April 2026 for a five-year term to March 2031.
The group runs three distinct brands: Puravankara (flagship luxury and premium apartments), Provident Housing (mid-income aspirational housing, a wholly owned subsidiary since 2008), and Purva Land (plotted development). Purva Mandur sits under the flagship Puravankara brand - which carries a specific set of design, specification, and amenity expectations. For a pre-launch buyer committing to an under-construction township, the developer's balance-sheet depth and delivery history are the single biggest risk mitigants: listed status means audited finances, escrow-account compliance once RERA publishes, and public shareholder accountability that private builders rarely match.
The Mandur parcel was the largest of five acquisitions and joint developments Puravankara added to its Bengaluru pipeline in FY26 - alongside Hennur Road, Anekal Taluk, Balagere, and the KIADB Hardware Park - which together carry a cumulative estimated GDV near ₹10,400 crore and lift the developer's total developable Bengaluru land bank to roughly 25.61 million sq ft. The FY26 aggregation has been deliberately corridor-focused, buying where Bengaluru's next growth phase is repricing rather than paying up in mature micro-markets, and Mandur is the biggest single bet in that strategy. The about-builder page covers the developer's history, leadership, portfolio, and financial standing in full.
Configuration Overview and Buyer Fit
No official configuration sheet has been published for Purva Mandur yet. The picture below is the anticipated offering, derived from Puravankara's current East-Bengaluru product programme and the 1.8-million-sq-ft saleable footprint. On that basis, Purva Mandur is anticipated to be a predominantly 2 and 3 BHK apartment community across a large gated township, with a 2 BHK entry point and two 3 BHK bands:
- 2 BHK at approximately 1,150-1,350 sq ft super built-up - the corridor entry point for the deep first-time-buyer and rental pool
- 3 BHK (compact) at approximately 1,500-1,750 sq ft super built-up - the likely volume seller for growing and work-from-home families
- 3 BHK (large) at approximately 1,800-2,050 sq ft super built-up - the family-sized step-up within the same community
All configurations are anticipated to share the same fit-and-finish standard, the same clubhouse and amenity access, and the same structural and infrastructure systems - the choice reduces to household size, bedroom count, and ticket. Indicative pricing applies a corridor-comparable ₹7,500-9,500 per sq ft band to the anticipated unit areas, which is defensible for a Puravankara flagship at a value-priced Budigere-corridor address. On that basis, a 2 BHK opens around ₹90 lakh and a 3 BHK around ₹1.20 crore, with larger 3 BHK units running toward ~₹1.85 crore. Pricing typically rises at the launch milestone, so registering early interest positions ahead of the Puravankara launch premium.
The demand case is the Whitefield-spillover rotation. Whitefield's success as East Bengaluru's original IT hub priced it beyond a large band of buyers, and the market has responded by rotating east along Old Madras Road and Budigere Road into the Budigere Cross corridor - where prices have risen roughly 23% year-on-year as investors explicitly shift focus from Whitefield for the value the belt still offers on the same access grid. That rotation has created a supply gap for branded, township-scale product at the value-corridor price, and a Puravankara flagship with the developer's amenity depth and delivery record is the market slot Purva Mandur is designed to fill.