Founded in 1975 and headquartered in Bengaluru, Puravankara Limited has spent five decades building homes across India's major urban centres. Across those fifty years, the company completed over 86 projects and delivered more than 45 million sq. ft. of residential space. The group now operates through three distinct brands: Puravankara for luxury-themed residences, Provident Housing for premium affordable homes, and Purva Land for curated plotted developments. That breadth gives Puravankara the ability to address an entire corridor at multiple price points — and in KIADB Aerospace Park, Bagalur, the group is doing exactly that.
Boeing inaugurated its 43-acre India Engineering and Technology Centre inside the park in January 2024 — its largest facility outside the United States. Collins Aerospace (RTX) launched a state-of-the-art Engineering Development and Test Centre in March 2025 to support local aircraft certification. The park has already attracted names such as Dynamatics, Safran HAL, and Magellan alongside hundreds of MSMEs, and by 2025 had created over 5,000 direct jobs for engineers, technicians, and R&D professionals, with employment expected to multiply by 2030 — a steady inflow of talent that has directly spurred demand for housing in the surrounding Bagalur-Gummanahalli belt.
Against this backdrop, Puravankara has staked a sizable claim. The group's active project at this address — Purva Codename Flow — is one of the largest residential launches in North Bangalore in 2026, and it stands inside the employment zone itself rather than merely near it.
Purva Codename Flow is an upcoming luxury apartment project by Puravankara Group within KIADB Aerospace Park in North Bangalore. Spread across 25 acres, the project contains 2,600+ luxury apartments across 8 high-rise towers, each rising to B+G+30/31 floors. Apartment floor sizes range from 1,010 to 2,400 sq. ft.
The project offers spacious 2 BHK, 3 BHK, and 4 BHK apartments. Prices start from ₹1.11 crore and range up to ₹2.64 crore for this high-end residential gated community. Configurations include 2 BHK (1,010–1,220 sq. ft.), 3 BHK (1,500–1,800 sq. ft.), and 4 BHK (2,100–2,400 sq. ft.) homes.
Strategically positioned within the high-growth KIADB Aerospace Park corridor, the development keeps over 80% of the 25 acres as open space with landscaped green zones. The project boasts more than 50 amenities, including a grand 1,00,000 sq. ft. lifestyle clubhouse, a resort-style swimming pool, and a 71,000 sq. ft. retail boulevard that adds everyday convenience.
The project address is off KIADB Aerospace Park, Hoovinayakanahalli, Bagalur Road, Bengaluru – 562149, with the exact village location at Gummanahalli. It sits at the crux of Bagalur and BK Halli Road — also known as New Airport Road (NH 104) — at the heart of KIADB Aerospace Park, with proximity to Thanisandra and Hennur.
| Detail | Purva Codename Flow |
|---|---|
| Location | KIADB Aerospace Park, Gummanahalli, Bagalur, Bengaluru 562149 |
| Land area | 25 acres |
| Towers / Floors | 8 towers, B+G+30/31 floors |
| Total units | 2,600+ |
| Configurations | 2 BHK, 3 BHK, 4 BHK |
| Size range | 1,010 – 2,400 sq. ft. |
| Starting price | ₹1.10 Cr onwards (approx. ₹11,000/sq. ft.) |
| Clubhouse | 1,00,000 sq. ft. |
| Open space | 80%+ |
| Stage | Pre-launch / upcoming |
KIADB Aerospace Park spans 3,000 acres in North Bengaluru. About 980 acres constitute a dedicated Special Economic Zone (SEZ), while the rest hosts Hardware, Defence, and Hi-Tech parks. Around 250 acres of this total are earmarked for residential development. Puravankara secured a 25-acre parcel inside that residential zone — a meaningful land position in an area where available tracts of that scale are limited.
In 2024, North Bengaluru accounted for nearly one-third of all residential launches in the city, up from 23% in 2023, with Bagalur KIADB emerging as a key growth node. The submarket recorded an average 17–20% year-on-year increase in per square foot prices during FY 2024–25. For a publicly listed developer with RERA-accountable delivery timelines, entering a corridor at this stage of the price curve carries a clear logic: the industrial base already exists, but residential absorption is still in its early rounds.
From a market perspective, Bagalur Aerospace Park is currently in a strong growth phase, with residential values still comparatively lower than established North Bengaluru hubs such as Hebbal and Yelahanka — a price differential that offers early buyers a clear advantage, as appreciation is expected to follow the maturation of infrastructure and commercial activity in the region.
The residential demand case for Purva Codename Flow is grounded in a straightforward employment equation. Global giants like Boeing, Airbus, and Shell have opened their largest offices inside the KIADB Aerospace Park, bringing thousands of high-earning professionals to the area. Collins Aerospace, part of the RTX group, opened a major new manufacturing facility inside the park in 2025, with this factory expected to create more than 2,200 jobs by 2026 building aircraft parts using modern machines and robotics.
The project sits 20 minutes (15.4 km) from Kempegowda International Airport, approximately 20–30 minutes from Devanahalli (14 km), and is convenient for professionals commuting to the Boeing India campus inside the Hardware Park. Manyata Tech Park is 16 km away, requiring a roughly 30-minute commute. These distances make Purva Codename Flow a practical address for aerospace and technology professionals who previously had no large-scale gated township option directly within the park boundary.
The Foxconn iPhone assembly plant is now at full capacity nearby, and rental demand in Bagalur and Devanahalli has jumped by nearly 18% in 2025–26. For property owners, this translates to rental yields of 4% to 5%, significantly higher than most other parts of Bengaluru.
The project is located just off the 32-metre-wide KIADB road, with easy access to NH 44 and the upcoming Peripheral Ring Road (PRR). Bagalur Road acts as a vital link between Yelahanka, Kattigenahalli, Sathnur, and Hennur, improving access to NH 44 (Bellary Road), Hennur-Bagalur Road, and the airport.
The 2025 Karnataka Budget cleared the Namma Metro Phase 2B spur toward Devanahalli, with a Bagalur Cross station now under construction. The upcoming Doddajala Metro Station is approximately 3 km from the project, reachable in 4 to 5 minutes. Once operational, this Blue Line extension will connect Bagalur directly to Hebbal, Marathahalli, and Silk Board, removing the city-centre commute as a barrier for buyers.
Puravankara Limited is listed on both NSE (ticker: PURVA) and BSE (532891), with a market capitalisation above ₹5,400 crore as of 2026. For a buyer in a pre-launch corridor, the listed-company disclosure regime matters: financials, project timelines, and material updates are public record on a quarterly basis.
The company was among the first real estate developers in India to secure Foreign Direct Investment through a joint venture with Singapore's Keppel Land. Puravankara also partnered with the International Finance Corporation (IFC) to drive affordable housing development in India. These institutional relationships reflect governance standards that most unlisted regional developers do not carry.
An ISO 9001 certification by DNV and a DA2+ rating by CRISIL are further markers of Puravankara's quality and reliability standards. The group crossed its 50-year mark in 2025 and has delivered roughly 92 projects across approximately 54 million sq. ft. in 9 cities. In the KIADB Aerospace Park zone, that institutional weight is a differentiator at a stage when the corridor is still attracting its first wave of large-format residential launches.
