Tag: Puravankara

Sep172026 by FWMNo Comments

Puravankara secures Rs 2,600 crore redevelopment project in Goregaon West, Mumbai.

Thursday, Sep 17, 2026 16:09:0517 September 2026, Mumbai: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India’s most trusted and admired real estate developers, has secured redevelopment rights for three residential societies in Bangur Nagar, Goregaon West, Mumbai. Spread across 4.68 acres, the project offers a total developable potential of approximately 1.05 million sq. ft. and an estimated Gross Development Value (GDV) of ₹2,600 crore. The addition marks Puravankara’s eighth redevelopment project in Mumbai and further strengthens its presence in the city’s redevelopment market.Commenting on the development, Ashish Puravankara, Managing Director, Puravankara Limited, said, “Redevelopment is an important pillar of our Mumbai growth strategy and allows us to participate in...

Aug252026 by FWMNo Comments

Puravankara Enters JDA for 7.83-acre Land Parcel in South-East Bengaluru with Rs 1,247 Crore GDV Potential

News, PROPERTY MATTERS

25th August 2026, Bengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India's most trusted and admired real estate developers, has entered into a joint development agreement (JDA) for a 7.83-acre land parcel in South-East Bengaluru, with an estimated Gross Development Value (GDV) of Rs 1,100 crore. The project has a saleable area of approximately 0.89 msft and will be developed as a residential community, adding to Puravankara's presence in this established South Bengaluru corridor.This marks Puravankara’s fifth land transaction in Bengaluru for FY27, underscoring the calibrated approach and the pace at which the company continues to build its development pipeline in the city.Commenting on the development, Ashish Puravankara, Managing Director, Puravankara Limited, sa...

Aug152026 by FWMNo Comments

Puravankara Q1FY27 revenue surges 63% to ₹877 crore; PAT at ₹25 crore.

Business & Finance, News

Friday, Aug 14, 2026 17:56:43Pre-sales up 28% at ₹1,439 crore; adds ₹5,200 crore of GDV in BengaluruBengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India's most trusted and admired real estate developers, reported a strong start to FY27, backed by improving realisations and disciplined execution across its residential and commercial portfolio.Puravankara reported a Profit After Tax (PAT) of ₹25 crore in Q1FY27, compared to a loss of ₹69 crore in Q1FY26, while EBITDA margin expanded to 25% from 15%. The company handed over 745 homes covering 0.94 msft during the quarter, up from 667 units in Q1FY26, sustaining the execution momentum built through FY26.Total revenue for Q1FY27 stood at ₹877 crore, up 63% YoY from ₹539 crore in Q1FY26. Operating inflows for t...

Nov172025 by FWMNo Comments

Puravankara signs Agreement to Lease with IKEA for retail space at Purva Zentech Park, Bengaluru

Architecture, News

Monday, Nov 17, 2025 16:11:27Puravankara signs Agreement to Lease with IKEA for retail space at Purva Zentech Park, BengaluruBengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India’s most trusted and admired real estate developers, today announced the signing of an Agreement to Lease (ATL) with IKEA India for leasing of two floors of retail space at the Purva Zentech Park, located on Kanakapura Road, Bengaluru.Purva Zentech Park is a mixed-use commercial development with approximately 9.6 lakh square feet of leasable and saleable area. Typical floor plates are approximately 50,000 square feet, with modular units ranging from 4,500 to 5,000 square feet available for lease or sale. Strategically located within a five-minute walk from both the Konanku...

Sep32025 by FWMNo Comments

Discover Chennai’s Most Exciting Property Deals at the NoBroker Property Carnival

Home Improvement, News

Chennai, Tamil Nadu, India -- Wednesday, September 3, 2025 10:00AM IST (4:30AM GMT)15+ leading developers to showcase their projects Exclusive spot offers and unbeatable deals for homebuyersAfter the resounding success of the first edition of Property Carnival, NoBroker is hosting the second edition in Chennai on 6th and 7th September at Le Royal Méridien, Guindy, from 9 AM to 8 PM. The carnival will offer buyers and investors a one-stop destination to explore top residential projects, exclusive offers, and seamless homebuying opportunities.The lineup includes some of Chennai’s most trusted names in real estate, such as Casagrand Private Limited, Puravankara, Purva Land, Provident, TVS Emerald, Adroit Urban Developers, Navins Housing, KG Foundation, Alamo XS Real, Arun Exc...

Jul132025 by FWMNo Comments

Puravankara Pre-Sales at Rs 1,124 crores in Q1, Price Realisation Up by 9%

News

Friday, Jul 11, 2025 15:07:09Bengaluru, India: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India’s most trusted and admired real estate developers, reported pre-sales of Rs 1,124 crore in Q1FY26, marking a 6 per cent year-on-year growth. The average price realisation improved by 9 per cent Y-o-Y, while customer collections for the quarter stood at Rs 857 crore.Commenting on the company's performance, Ashish Puravankara, Managing Director, Puravankara Ltd., said, “As we enter our 50th year of operations, we take pride in the trust we have earned and the milestones we have accomplished along the way.In Q1FY26, despite no new launches, we recorded a 6% year-on-year growth in pre-sales, reaching Rs 1,124 crore, and delivered strong collections driven by resilient sus...

Jan92025 by FWMNo Comments

Puravankara Expands Land Portfolio with Strategic Acquisition in Kanakapura Road, with a potential GDV of over Rs 700 crore

Business & Finance, News

Thursday, Jan 09, 2025 14:01:28Bengaluru, 09 January 2025: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India’s most trusted and admired real estate developers, has acquired a 3.63-acre land parcel in Kanakapura Road, Bengaluru. This acquisition aligns with the company’s strategic vision to expand its footprint in key Bengaluru micro-markets with robust infrastructure, connectivity, and residential demand.The recently acquired land parcel in Vajrahalli, Kanakapura Road, spans an area of 3.63 acres, with a saleable area of 5.42 lakh sq ft and a total estimated Gross Development Value of Rs 700+ crore.Commenting on the acquisition, Ashish Puravankara, Managing Director, Puravankara Limited, said: "We are excited to announce the acquisition of this land parcel at a p...