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KVN Property, Puravankara to jointly develop Rs 3,300 cr worth housing project

The Northlines

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11 MAY 2025

Realty firm KVN Property Holdings LLP has tied up with Puravankara Ltd to jointly develop a housing project in North Bengaluru with a total revenue potential of more than Rs 3,300 crore.

KVN Property has been founded by Venkat K Narayana, former CEO of Prestige Group.

In a statement on Saturday, KVN Property has entered a joint venture with the Puravankara Group to develop a 24.59-acre land parcel in North Bengaluru.

The project has a projected Gross Development Value (GDV) of over Rs 3,300 crore.

The project has a potential saleable area of about 3.48 million (34.8 lakh) sq ft.

The project is slated for launch within the next six months.

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