Puravankara was set up in 1975 by Ravi Puravankara and has kept its headquarters in Bengaluru ever since.
Puravankara Limited was established in 1975 by Ravi Puravankara and is headquartered in Bangalore, operating in the residential and commercial sectors with projects across several Indian and international cities. As of March 31, 2025, the wider Puravankara Group had delivered 90 projects with over 52.74 million square feet completed, while 36.8 million square feet remained under active development. For a company of that scale, a plotted-development push into Medahalli, on the Sarjapur-Attibele stretch of East Bangalore, is a return to the kind of land-led growth that built the group's early reputation in the city, rather than an experiment in an unfamiliar market.
Purva Land is a dedicated arm of Puravankara for developing theme-based plotted developments, designed to deliver a premium lifestyle experience with strategic locations and clear titles. Its Medahalli project sits directly on this template. The Medahalli development is planned across a 71-acre land parcel with more than 800 plots, in sizes ranging from 1,200 to 2,400 square feet. The plotted development is positioned in the fast-developing locality of S Medahalli, just off Sarjapur Road and Attibele in East Bangalore. A plotted format, rather than an apartment tower, is a deliberate choice for this stretch: land parcels here are still assembled in scale, titles can be cleared upfront, and buyers get the flexibility to build to their own timeline, which matters on a corridor that is still filling in its social infrastructure.
Medahalli's relevance to a Puravankara buyer has less to do with the immediate neighbourhood and more with what is being built around it. The Attibele-Sarjapur belt has attracted long-term institutional commitments, including a SABIC technology centre, a Wipro campus under development along Attibele Road, and an Azim Premji University campus. Infosys has held a large land parcel on the Sarjapur-Attibele highway for over a decade, and while the timeline for its campus has shifted repeatedly, the scale of the holding itself has kept developer and investor attention fixed on this corridor. Compared with more saturated micro-markets like Whitefield or Electronic City, the Attibele-Sarjapur corridor offers plots at rates roughly 20-30% lower than comparable areas in East Bangalore. That pricing gap, next to institutional anchors that are already built or under construction, is the practical argument for a plotted-land product here rather than in the already-priced-in stretches closer to the Outer Ring Road.
Medahalli's daily-use infrastructure is still catching up to its land value, but the basics are in place. Hoodi railway station, Garudacharpalya metro station and Hoodi junction metro station are among the nearby commute facilities. Whitefield's IT cluster is about 10 km away, and the Hoodi and Mahadevapura industrial areas fall within a 10 km radius, giving the locality a rental base tied to established employment zones even as the Sarjapur-Attibele belt itself develops. Schools such as SJES PU, SJES Central and Sri Vidyanikethan, and hospitals including Vitals, Hope and Sathya Sai, are within about 5 km, while malls like Park Square and VR Bengaluru are within 8 km. On the wider Sarjapur Road corridor that feeds this belt, international schools such as Indus International, Greenwood High and Oakridge, along with proximity to major campuses on ORR, Bellandur and Whitefield, keep the area on the radar of families planning a decade-plus stay.
The numbers on this corridor have moved quickly. ANAROCK data shows average housing prices on Sarjapur Road rising by around 79% in roughly 3.5 years, from about Rs 6,050 per sq ft at the end of 2021 to around Rs 10,800 per sq ft by Q2 2025. In Medahalli specifically, flat rates have averaged around Rs 11,050 per sq ft, up 31.5% over the last year and 50.3% over three years, according to registered transaction and listing data. Part of this shift is being driven by congestion on the Outer Ring Road itself, where peak-hour speeds average just 4.4 km/h with queues stretching over 3 km, pushing the next wave of housing demand toward emerging corridors beyond the ORR rather than deeper into it. A plotted asset bought ahead of that infrastructure completing, rather than after, carries the appreciation upside that apartment buyers on the already-dense ORR stretch have largely priced in.
Medahalli is one entry point into a much larger Bengaluru operation. Provident Housing Ltd., a wholly owned subsidiary launched in 2008, addresses the needs of mid-income homeowners, and carries the group's legacy with a portfolio across nine cities, evidenced by a track record of roughly 20 million square feet of projects, split between about 12.8 million square feet completed and 7.2 million square feet ongoing. Alongside Purva Land's plotted format and Provident's mid-income apartments, the flagship Puravankara brand continues to build premium towers elsewhere in the city, including established East Bangalore addresses. The parent company carries an ISO 9001 certification from DNV since 1998 and a CRISIL DA2+ rating as a developer. For a Medahalli buyer, that structure matters practically: the same construction and delivery discipline applied to the group's premium towers is what backs a plotted layout on Sarjapur-Attibele Road, even though the product itself is land rather than a built unit.
A plot in Medahalli is, in effect, a bet on the Sarjapur-Attibele corridor completing its transition from an industrial and institutional land bank into a functioning residential-employment belt. The anchors, SABIC's technology centre, the Wipro campus, Azim Premji University and the long-held Infosys land, are real and already influencing land values. The gap that remains is the same one every emerging Bangalore corridor has had to close: last-mile roads, retail, and healthcare catching up to the scale of the employment being planned around it. Puravankara's decision to develop here through its plotted-land arm, rather than only through apartment towers, reflects that timing: land bought and titled early, ahead of the infrastructure, rather than apartments delivered into an already-priced market.
