Puravankara Q2 pre-sales rise 62% to ₹2,136 crore; adds ₹8,900-crore project

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The developer added 10.74 million sq ft to its development pipeline in H1FY27, with an estimated gross development value (GDV) of ₹14,100 crore across Bengaluru, Mumbai and Greater Noida

By BL Bengaluru Bureau

Updated - October 16, 2026 at 04:06 PM.

Puravankara reported a 62 per cent year-on-year (YoY) rise in pre-sales to ₹2,136 crore in Q2FY27, up from ₹1,322 crore a year earlier. Sales area grew 22 per cent to 1.83 million sq ft, while average price realisation rose 32 per cent to ₹11,651 per sq ft. Customer collections increased 24% to ₹1,301 crore.

The developer added 10.74 million sq ft to its development pipeline in H1FY27, with an estimated gross development value (GDV) of ₹14,100 crore across Bengaluru, Mumbai and Greater Noida.

“We have been deliberate in selecting opportunities that offer both scale and value,” said Ashish Puravankara, Managing Director, Puravankara Limited, referring to the development opportunities added during H1FY27.

In South-East Bengaluru, Puravankara entered into a joint development agreement for a 7.83-acre land parcel, with a developable area of 0.89 million sq ft and a potential GDV of over ₹1,100 crore.

In Goregaon West, Mumbai, it secured redevelopment rights for three residential societies spread across 4.68 acres. The project has a developable potential of approximately 1.05 million sq ft and an estimated GDV of ₹2,600 crore.

The developer also entered the Delhi-NCR market by securing a 13.44-acre land parcel in Greater Noida. The project has a developable area of 4.57 million sq ft and a potential GDV of ₹5,200 crore.

Published on October 13, 2026

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