Bengaluru's land market heats up as developers hunt for strategic parcels amid infrastructure boom

Major developers including Prestige Group, Brigade, Godrej Properties and Puravankara are aggressively acquiring land in Bengaluru’s growth corridors, signalling a bullish outlook amid infrastructure expansion and IT-driven demand.

Bengaluru’s land market is drawing sustained interest from some of India’s largest listed developers, as companies position themselves for the next wave of residential supply in corridors that continue to benefit from IT-led demand, airport-linked infrastructure and expanding road networks. In 2026, Prestige Group, Brigade Enterprises, Godrej Properties and Puravankara all moved to enlarge their pipelines with sizeable parcels across North, East and South Bengaluru, underlining how fiercely developers are competing for land in the city’s growth zones.

Prestige Group has been among the most active buyers, adding more than 30 acres at KIADB Aerospace Park Phase 2 in North Bengaluru for a residential township expected to launch in 2027. The location matters: KIADB Aerospace Park Phase 2 sits in a strategic development corridor near Kempegowda International Airport and has been promoted as an industrial hub for aerospace and defence manufacturing, with road, power and water infrastructure intended to attract occupiers. Prestige’s move fits a broader strategy of building out its Bengaluru portfolio across Devanahalli, Whitefield and Bannerghatta Road.

Brigade Enterprises has taken a more targeted approach, securing two separate two-acre parcels in 2026, one on Kanakapura Road in South Bengaluru and another in Whitefield in the east. The company said the Kanakapura Road deal, announced in late July, is for a premium residential project with an estimated gross development value of about ₹400 crore, while the Whitefield acquisition, announced in early August, is expected to carry a GDV of roughly ₹475 crore. Both areas remain attractive because of established social infrastructure, strong housing demand and access to major employment centres.

Godrej Properties also deepened its Bengaluru exposure with a 20-acre acquisition in East Bengaluru in March 2026. TradeBrains reported that the parcel has an estimated revenue potential of about ₹1,350 crore, reflecting the premium positioning that the developer is targeting in one of the city’s most established residential and technology-linked markets. East Bengaluru, and Whitefield in particular, has become a key battleground for branded developers seeking buyers who want proximity to offices, schools and transport links.

Puravankara’s expansion has been the most wide-ranging. The company added about 49.76 acres across North, East and South-East Bengaluru in FY27 through a mix of outright purchases and joint development agreements. Among the individual transactions highlighted were 9.73 acres at Sanna Ammanikere, with an estimated GDV of about ₹800 crore, and a 7.83-acre joint development agreement in South-East Bengaluru with a potential GDV of around ₹1,247 crore. Altogether, the company’s Bengaluru business development additions in FY27 are said to have a possible GDV of around ₹6,300 crore.

The pace of these deals reflects a broader view among developers that Bengaluru’s housing market still has room to absorb new supply, particularly in locations tied to infrastructure upgrades and job creation. It also shows how land has become an increasingly scarce strategic asset: in a market where execution speed and project pipeline depth can determine future growth, developers are locking in parcels now in anticipation of demand that may take several years to fully translate into sales.

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