By Upcoming Property 
The Indian real estate sector continues to witness large-scale land acquisitions by leading developers as demand for housing remains resilient across key urban markets. In one of the most significant transactions in Bengaluru’s southern growth belt, Puravankara has acquired a 53.5-acre land parcel in Attibele Hobli, Anekal Taluk, reinforcing its long-term growth strategy in the city. This Puravankara Anekal Taluk acquisition underlines the developer’s confidence in emerging residential corridors that are witnessing strong end-user demand, infrastructure-led growth, and limited availability of large, contiguous land parcels.
The newly acquired land is located in Anekal Taluk, a region that has steadily transformed from a peripheral suburb into a promising residential and industrial micro-market. The parcel offers a saleable area of approximately 6.4 million square feet, with a projected gross development value (GDV) exceeding ₹4,800 crore. This transaction not only strengthens Puravankara’s Bengaluru portfolio but also significantly enhances its FY26 launch pipeline.
What makes the Puravankara Anekal Taluk deal particularly noteworthy is its scale and location. Attibele Hobli sits at a strategic junction close to Hosur Road, Tamil Nadu–Karnataka border, and key industrial clusters, making it attractive for both self-use buyers and long-term investors. With Bengaluru’s residential growth gradually extending beyond traditional hotspots, large-format developments in Anekal Taluk are increasingly being viewed as the next wave of urban expansion.
From a market perspective, this acquisition reflects a broader trend where developers are proactively banking land in high-potential corridors before prices escalate further. For Puravankara, the Attibele Hobli parcel offers the flexibility to plan a large, integrated residential community aligned with evolving buyer preferences—spacious homes, lifestyle amenities, and sustainable planning. The Puravankara Anekal Taluk project is expected to cater to a diverse buyer base, including end users working in South Bengaluru, Hosur industrial belt professionals, and long-term investors seeking appreciation-driven assets.
Puravankara Anekal Taluk Project: Location Advantage and Market Fundamentals
Location remains the single most critical factor in real estate decision-making, and the Puravankara Anekal Taluk acquisition scores strongly on this front. Attibele Hobli is strategically positioned in Anekal Taluk, offering seamless connectivity to Bengaluru’s southern employment hubs while also benefiting from proximity to Tamil Nadu’s industrial ecosystem. This dual advantage has resulted in rising residential demand over the past few years.
Anekal Taluk has emerged as a preferred destination due to improving road infrastructure, access to Hosur Road (NH-44), and connectivity to Electronic City, Bommasandra, Jigani, and Hosur. These micro-markets together form one of the largest employment belts in South India, hosting IT parks, manufacturing units, logistics hubs, and MSME clusters. As employment density increases, residential demand naturally follows, creating a strong foundation for large-scale housing developments like the Puravankara Anekal Taluk project.
Another factor driving the attractiveness of Anekal Taluk is land availability. Unlike central Bengaluru, where large parcels are scarce and fragmented, Anekal Taluk still offers sizeable tracts suitable for township-scale developments. This allows developers to plan communities with better open space ratios, internal infrastructure, and lifestyle amenities. For Puravankara, the 53.5-acre parcel presents an opportunity to develop a landmark project that can set benchmarks for the region.
From a pricing standpoint, Anekal Taluk remains relatively affordable compared to established residential zones such as Sarjapur Road, Whitefield, or North Bengaluru. This affordability, combined with future growth prospects, makes the Puravankara Anekal Taluk development appealing to first-time homebuyers and upgraders alike. Over the medium to long term, infrastructure improvements and urban expansion are expected to drive steady capital appreciation.
Moreover, the Attibele Hobli location benefits from its proximity to the Karnataka–Tamil Nadu border, making it attractive for professionals commuting between Bengaluru and Hosur. This cross-border employment dynamic adds an additional layer of demand stability, particularly for mid-income and upper-mid-income housing segments. In this context, the Puravankara Anekal Taluk acquisition aligns well with macro trends shaping Bengaluru’s residential growth.
Developer Perspective: Puravankara’s Vision Behind the Anekal Taluk Acquisition
Commenting on the acquisition, Ashish Puravankara, Managing Director of Puravankara, highlighted that the deal forms part of the company’s disciplined land acquisition strategy. According to him, the Puravankara Anekal Taluk land purchase reflects the group’s long-term vision to build a robust launch pipeline across strategic micro-markets with strong fundamentals.
Puravankara has consistently followed a measured approach to growth, focusing on markets where end-user demand, infrastructure development, and economic activity converge. The Anekal Taluk acquisition fits squarely within this philosophy. Rather than chasing speculative land deals, the company has targeted a parcel that can support a large, sustainable residential community with long-term value creation.
The developer’s leadership has also emphasized confidence in Bengaluru’s residential market, particularly in emerging corridors like Anekal Taluk. Despite short-term market cycles, the underlying demand for housing in Bengaluru remains strong, driven by job creation, urban migration, and lifestyle upgrades. The Puravankara Anekal Taluk project is expected to capitalize on these trends by offering well-planned homes that cater to evolving buyer expectations.
From a strategic standpoint, this acquisition allows Puravankara to diversify its Bengaluru portfolio beyond traditional hotspots. While the company already has a strong presence in North and East Bengaluru, expanding into Anekal Taluk enables it to tap into a different buyer segment and growth trajectory. This geographic diversification also helps mitigate risk and ensures balanced portfolio growth.
Industry analysts view the Puravankara Anekal Taluk deal as a proactive move that positions the developer advantageously ahead of future price appreciation. As infrastructure projects progress and demand intensifies, early entrants like Puravankara are likely to benefit from higher margins and stronger brand recall. This acquisition, therefore, is not just about adding land but about strengthening the company’s long-term competitive positioning in Bengaluru.
Financial Scale and GDV Impact of the Puravankara Anekal Taluk Deal
From a financial perspective, the Puravankara Anekal Taluk acquisition is a significant value addition to the company’s balance sheet and development pipeline. The land parcel offers a saleable area of 6.4 million square feet, translating into a potential gross development value of over ₹4,800 crore. This scale underscores the importance of the deal within Puravankara’s broader growth strategy.
To put this in context, during the first half of FY26, Puravankara added 6.36 million square feet of developable area across Bengaluru and Mumbai, with an estimated GDV of around ₹9,100 crore. The Attibele Hobli acquisition alone contributes nearly half of that value, taking the company’s year-to-date GDV potential to approximately ₹13,900 crore. This sharp increase highlights the transformative impact of the Puravankara Anekal Taluk project on the company’s development outlook.
Such large-scale projects also offer economies of scale, enabling developers to optimize construction costs, marketing spend, and infrastructure investments. For Puravankara, the Anekal Taluk parcel provides the flexibility to phase development based on market conditions, thereby managing cash flows effectively. This phased approach reduces financial risk while allowing the company to respond dynamically to demand trends.
Investors and analysts typically view GDV expansion as a key indicator of a developer’s growth potential. In this regard, the Puravankara Anekal Taluk acquisition strengthens market confidence in the company’s execution capabilities and long-term vision. With a strong pipeline in place, Puravankara is well-positioned to sustain revenue growth over the coming years.
Additionally, the financial scale of the project suggests that Puravankara may explore a mix of funding strategies, including internal accruals, structured debt, or strategic partnerships, to optimize returns. Given the company’s track record and balance sheet strength, the Anekal Taluk development is expected to be executed with financial prudence and operational efficiency.
Anekal Taluk as a Residential Growth Corridor: Why Developers Are Betting Big
The growing interest in Puravankara Anekal Taluk is part of a larger narrative unfolding across Bengaluru’s southern periphery. Anekal Taluk has transitioned from a semi-rural belt to a rapidly urbanizing zone, driven by infrastructure upgrades, industrial growth, and spillover demand from saturated markets.
One of the key catalysts for this transformation is improved road connectivity. Hosur Road, which connects Bengaluru to Tamil Nadu, has seen significant upgrades, reducing travel times and improving accessibility. Additionally, planned infrastructure projects and industrial expansions in the region are expected to further enhance connectivity and employment opportunities. These factors collectively make Anekal Taluk a compelling destination for residential development.
Another driver is affordability. Compared to North Bengaluru or Sarjapur Road, property prices in Anekal Taluk remain relatively moderate. This price advantage attracts first-time homebuyers and investors seeking higher upside potential. Projects like Puravankara Anekal Taluk are likely to benefit from this demand dynamic, especially as buyers look beyond traditional hotspots for value-driven opportunities.
The presence of manufacturing units, logistics parks, and IT campuses in and around Anekal Taluk also ensures steady rental demand. This makes the region attractive not just for end users but also for investors targeting rental yields. As urbanization accelerates, well-planned residential communities are expected to command premium valuations.
From a policy standpoint, the Karnataka government’s focus on industrial and infrastructure development in peripheral zones further strengthens the long-term outlook for Anekal Taluk. Developers entering the market early, such as Puravankara, are well-placed to capitalize on these macro trends. The Puravankara Anekal Taluk project, therefore, is not an isolated investment but part of a broader urban growth story.
