Puravankara Acquires Land Parcel in Bengaluru, India
Puravankara (NSE:PURVA, BOM:532891) has acquired a 9.73-acre land parcel in North Bengaluru's Devanahalli corridor.The project has a development potential of about 890,000 square feet and an estimated gross development value of 8 billion rupees, according to an Indian bourse filing on Wednesday.Shares of the company rose over 1% in recent trade.