Current Date: 26 Mar, 2026

Puravankara’s Big Bet: 30 New Projects and a ₹55,000 Crore Pipeline

Puravankara Limited has outlined an ambitious expansion strategy, planning to launch 30 new projects over the next 24 months, with a strong focus on South India and Mumbai.

The planned developments span approximately 51.14 million sq. ft. of area, with an estimated gross development value (GDV) of over ₹55,000 crore, reflecting a major scale-up in the company’s growth trajectory. A significant number of these projects are already in the approval stage, while others are currently being designed. The company is prioritising well-located, premium residential projects in key urban markets, supported by a robust pipeline and prudent capital allocation.

Beyond real estate growth, the expansion is expected to generate considerable economic impact, creating nearly eight million man-days of direct employment each year and supporting more than 250 ancillary industries linked to the sector. This is likely to contribute to broader economic development and strengthen the housing ecosystem in the regions where the projects are launched.

As of the first nine months of FY26, Puravankara reported pre-sales of ₹3,859 crore and customer collections of ₹3,045 crore, indicating steady demand and sustained operational momentum.

 

News by Rahul Yelligetti.

 

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Source : projxnews