Real estate developer Puravankara Ltd is expanding its commercial portfolio with the development of 5 million square feet of Grade A office space across multiple projects, reinforcing its presence in India’s premium workspace segment.
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.
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