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KVN Property, Puravankara to jointly develop Rs 3,300 cr worth housing project
The Northlines
|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.
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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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