Founded in 1975 and headquartered in Bengaluru, Puravankara Limited is one of India's most established residential developers. The company has delivered over 80 residential and commercial projects covering an extensive 45 million square feet. Over five decades it has built three distinct brands: Puravankara itself, focused on luxury and technology-driven homes; Provident Housing, a wholly-owned subsidiary launched in 2008 for mid-income buyers; and Purva Land, inaugurated in 2021 for plotted development. Yemalur, Bellandur is where the flagship luxury brand is now active — with Purva Weaves marking Puravankara's current footprint in this corridor.
Purva Weaves — also known by its codename Purva Codename AI — is Puravankara Group's new launch project in Yemalur, near Bellandur, in South Bangalore, Karnataka. The project is being built behind the well-known Prestige Tech Park on Bangalore's Outer Ring Road (ORR), spread over 4 acres of prime land with over 150 luxury apartments. The project offers 3 BHK (1,800–2,200 sq ft), 3.5 BHK (2,200 sq ft), and 4 BHK (2,400–2,800 sq ft) configurations designed to address different household sizes and lifestyle needs.
The project address is Yemalur, Bellandur, Bangalore, Karnataka 560037, and it has been approved by the BDA. The project features 40-plus modern amenities and more than 80% open area. Amenities confirmed for residents include a clubhouse, swimming pool, fitness centre, jogging track, landscaped gardens, and round-the-clock security. Possession is targeted for December 2028.
Purva Weaves sits on Yemalur Road near the Outer Ring Road, Bellandur, the arterial corridor that connects Silk Board to Marathahalli, KR Puram, and Hebbal. The choice is deliberate: Puravankara's east Bangalore track record — including the delivered Purva Fountain Square in Marathahalli, a 16-acre, 1,300-unit project, and the more recent Purva Atmosphere in Keshav Nagar — shows a developer that has studied this corridor for two decades. Purva Weaves extends that presence deeper into the ORR micro-market, into a sub-locality that has matured to the point where large-format luxury product can be absorbed.
Yemalur is a sought-after residential locality situated between HAL Airport and Bellandur Lake in East Bangalore, approximately 14 km from Bangalore city. The area has become increasingly significant due to its proximity to major employment hubs such as Koramangala, Whitefield, and HAL Airport Road, which has driven a boom in its real estate market. For Puravankara, the site combines the kind of land area needed for a low-density, high-open-space residential format with direct access to the city's densest technology employment belt.
The location connects to major areas in the city, including Marathahalli, KR Puram, Silk Board, HAL Airport, and Koramangala, through the Outer Ring Road and National Highway 44. The nearest metro station is Kadubeesanahalli, approximately 3 kilometres away, and the project is a 15-minute drive from ITPL with easy access to the ORR and Sarjapur Road.
The employment nodes reachable from Purva Weaves underline why Puravankara chose this micro-market for a 3 and 4 BHK product aimed at senior professionals. Whitefield, hosting companies including Accenture, Wipro, SAP Labs, Dell, IBM, Intel, and Oracle, is 10 km away via Marathahalli Main Road; Marathahalli is 7 km via Bellandur Lake Road and NH 44; Electronic City is 19 km via NH 44 and Hosur Road; Manyata Tech Park is 21 km; and ITPL is 13 km via Varthur Road. The region is a 15–20-minute drive from major IT parks such as Ecospace and Embassy Tech Village, which house top companies like Intel, Wipro, and Cisco.
Puravankara's decision to bring large-format luxury inventory here is supported by documented price trends. The average flat rate in Bellandur currently stands at approximately ₹15,000 per sq ft. The average price for apartments in Yemalur is ₹19,750 per sq ft. Flat rates in Bellandur have changed by 36.4% in the last one year, 122.2% in the last three years, and 141.9% in the last five years. In 2024, property prices in areas like Bellandur and Whitefield showed appreciation running at 8–12% annually.
Yemalur is experiencing a significant surge in rental demand due to its proximity to major employment hubs; rental yields in Yemalur increased by approximately 5–7% in 2024. The locality supports 40-plus premium rental properties with rents above ₹40,000 per month. This rental absorption supports the investor case for a Puravankara product in the 3 and 4 BHK segment, where the typical tenant is a senior technology or consulting professional.
Yemalur is well-connected via Yemalur Main Road and HAL Old Airport Road, with IT hubs at Kadubeesanahalli barely 5 km away, and Whitefield's tech corridor accessible within a 10 km radius. For daily living, essential amenities within reach include schools, supermarkets, and hospitals such as Sakra World Hospital. Yemalur is an established locality situated between the HAL Airport and Bellandur Lake, also close to Yamalur HAL Ground, RMZ Ecospace Accenture Fountain, and a children's park.
Buyers evaluating Purva Weaves in Yemalur are effectively evaluating both the project and the developer's pattern of behaviour in Bangalore. Puravankara was among the first developers in India to secure Foreign Direct Investment in real estate, which led to a joint venture with Keppel Land, a development company of the Singapore Government, in 2005. In December 2020, the company obtained a $76 million investment from International Finance Corporation (IFC) and IFC Emerging Asia Fund for its affordable housing projects.
Within Bangalore, Puravankara has built across multiple axes simultaneously: Purva Park Hill on Kanakapura Road, Purva Fountain Square across 16 acres in Marathahalli with 1,300 units, Purva Atmosphere in Keshav Nagar, and Purva Aerocity in Chikkajala, North Bangalore, a 7-acre project near Devanahalli offering 300 homes. The east Bangalore corridor — Marathahalli, Keshav Nagar, and now Yemalur — represents the developer's most consistent geographic commitment in the city.
Chairman Ravi Puravankara was bestowed with the Lifetime Achievement Award by CREDAI Karnataka in 2023, and the 13th Annual Estate Awards 2021 recognised Puravankara as Developer of the Year – Residential (South). These are institutional recognitions from within the industry, not self-reported claims — a distinction that matters to buyers weighing developer credibility at the pre-launch stage.
