Puravankara Expands with 5 Million Sq Ft of Premium Commercial Space Across India
Puravankara Ltd is set to add 5 million square feet of Grade A office space with projects like Purva Zentech and Purva Aerocity, catering to the growing demand from tech and multinational firms.
Commercial Real EstatePuravankaraGrade A Office SpaceBengaluruSustainable DevelopmentReal Estate MumbaiAug 15, 2025
According to company officials, two large developments are already underway: Purva Zentech, a 900,000 sq ft technology-focused office project, and Purva Aerocity, a 2.1 million sq ft integrated commercial hub. Both projects are in various stages of construction and are expected to cater to growing demand from global capability centres (GCCs), IT/ITeS firms, and other enterprise occupiers.
The company’s expansion aligns with a broader trend of sustained demand for high-quality office space in India’s top urban markets, driven by technology sector growth, hybrid work consolidation, and continued entry of multinational corporations. Bengaluru, in particular, continues to attract significant leasing activity, with Grade A developments gaining preference for their sustainability features, digital infrastructure, and flexible floor plates.
Puravankara’s commercial projects are being positioned to offer modern workplace solutions with advanced building systems, integrated amenities, and environmentally responsible designs. The developer has indicated that its upcoming spaces will incorporate features aimed at achieving top green building certifications, reflecting the growing emphasis on ESG compliance among occupiers.
In addition to Purva Zentech and Purva Aerocity, the company is planning further Grade A developments in key business hubs, which will collectively take its commercial footprint beyond 5 million sq ft over the next few years. This diversified expansion is aimed at balancing its established residential portfolio with a stronger presence in the commercial real estate segment.
Industry analysts note that the timing of Puravankara’s expansion coincides with increased pre-commitment activity in Bengaluru and other southern markets, as occupiers secure high-specification spaces ahead of delivery. The Grade A supply pipeline in the city is expected to tighten over the next two years, with demand projected to remain above long-term averages.
Puravankara’s strategic focus on large-format, technology-enabled workspaces is expected to cater to evolving corporate requirements, especially from sectors like BFSI, engineering R&D, and new-age enterprises. With sustainability and smart-building features becoming standard, the company aims to position its commercial projects as future-ready assets capable of delivering operational efficiency and long-term value to occupiers.
By committing to 5 million sq ft of high-quality office development, Puravankara is signalling confidence in India’s commercial real estate market, particularly in the premium Grade A category, which continues to outperform other segments in leasing volumes and rental growth.
Frequently Asked Questions
What is Puravankara Ltd’s expansion plan?
Puravankara Ltd plans to develop 5 million square feet of Grade A office space across multiple projects, including Purva Zentech and Purva Aerocity.
Which cities are seeing significant demand for Grade A office space?
Bengaluru, in particular, continues to attract significant leasing activity for Grade A office spaces, driven by the technology sector and multinational corporations.
What sustainability features will Puravankara’s new projects include?
Puravankara’s new projects will incorporate advanced building systems, integrated amenities, and features aimed at achieving top green building certifications.
How does Puravankara’s expansion align with market trends?
Puravankara’s expansion aligns with the trend of sustained demand for high-quality office space, driven by technology growth, hybrid work models, and the entry of multinational corporations.
What sectors are expected to benefit from Puravankara’s new commercial developments?
Sectors like BFSI, engineering R&D, and new-age enterprises are expected to benefit from Puravankara’s new commercial developments, which are designed to meet evolving corporate requirements.
Related News Articles
Raymond's Real Estate Venture Receives Thumbs Up for Demerger, Eyes Rs 25,000 Crore Revenue
Raymond Realty, a subsidiary of Raymond Ltd, has launched its first joint development agreement project in Bandra, Mumbai, and is set to demerge from its parent company to unlock its growth potential.
Affordable Housing Woes: ANAROCK-FICCI Survey Reveals Buyer Dissatisfaction
The latest ANAROCK-FICCI survey highlights the growing dissatisfaction among affordable housing buyers due to poor project location, low-quality construction, and small unit sizes. The survey also reveals a shift in preferences towards larger homes and a
Maharashtra Assembly Elections 2024: Complete List of Shiv Sena (UBT) Candidates
The political landscape in Thane is heating up as Uddhav Thackeray’s Shiv Sena (UBT) fields Kedar Dighe, the nephew of the late Anand Dighe, against Maharashtra Chief Minister Eknath Shinde. Here’s a comprehensive list of all the candidates from UBT.
Investor Sentiments Unleashed: How Infrastructure Corridors Are Reshaping Indian Real Estate
With a sharp rise in real estate values, the slopes of development are expanding, beckoning cities like Vadodara, Ahmedabad, and Pune into a new era of growth.
Varun Dhawan's Significant Real Estate Investments Amid Baby John's Flop
Varun Dhawan, a well-known actor in Bollywood, has made substantial real estate investments despite the recent flop of his movie, Baby John. This has raised many eyebrows among fans and social media users.
K Raheja Corp Acquires 5.75 Acres in Mumbai for ₹466 Crore to Develop Residential Project
K Raheja Corp has agreed to purchase a 5.75-acre land parcel in Mumbai for ₹466 crore, with plans to develop a high-end residential project.