PURAVANKARA GUNJUR RISE — New Project Coming Up in Gunjur, Bangalore

Puravankara Gunjur Rise Coming to East Bangalore's Fastest-Growing Hub

Puravankara Gunjur Rise is a residential enclave in Gunjur Palya, connecting Varthur to Sarjapur, expected to launch in mid-2026. The project spans 6 acres and will offer 400 apartments in 2 and 3-BHK configurations, ranging from 1100 to 1550 square feet.

Location and Market Context

Gunjur is a rapidly urbanizing locality in East Bangalore, positioned strategically between Whitefield and Sarjapur Road, two of the city's major employment corridors. Wipro Sarjapur Campus is a 15-minute drive away, with RGA Tech Park, Whitefield, and Electronic City reachable within 30 minutes.

The area has seen significant momentum. Residential prices in Gunjur have climbed from ₹4,800 to ₹11,850 per square foot between 2020 and 2024. Major infrastructure projects including the 150-foot CDP Road, Peripheral Ring Road, and the upcoming Bengaluru Business Corridor are enhancing connectivity.

Project Specification

The enclave comprises 400 units of 2 and 3-BHK apartments, with unit sizes spanning 1100 to 1550 square feet. The project is RERA-applied and scheduled for launch in mid-2026.

Puravankara's Track Record

Founded in 1975, Puravankara Limited is headquartered in Bengaluru and has built its reputation over five decades. The company has a track record of approximately 20 million square feet of projects—12.8 million square feet completed and 7.2 million square feet in ongoing development.

The company operates under three brands: Puravankara for luxury homes, Provident Housing for mid-segment buyers, and Purva Land for plotted communities. Puravankara is publicly listed on NSE (PURVA) and BSE (532891), with an A+ (Stable) credit rating from both ICRA and CRISIL.

East Bangalore Presence

The Gunjur Rise apartments are positioned close to the Wipro Corporate Office, aligning with the developer's broader presence in the region. Puravankara's recent projects in Bangalore include Purva Atmosphere in Thanisandra Main Road, Purva Smiling Willows in Bannerghatta, Purva Tiara in JP Nagar, and Purva Meraki in HSR Layout.