Puravankara to Launch 30 Projects Worth ₹55,000 Crore GDV Across South India and Mumbai

Puravankara Limited has unveiled an ambitious expansion roadmap, announcing plans to launch 30 new real estate projects over the next 24 months across key urban markets, primarily in South India and Mumbai. The upcoming pipeline spans approximately 51.14 million square feet of developable area and carries an estimated Gross Development Value (GDV) of more than ₹55,000 crore, reinforcing the company’s aggressive growth strategy in India’s housing sector.

A substantial portion of these projects is already in the approval stage, while the remaining developments are currently in the design phase. This strong launch pipeline reflects rising confidence in urban housing demand, particularly in southern cities such as Bengaluru, Chennai, Hyderabad, and other fast-growing metropolitan markets, alongside Mumbai.

The company’s financial performance also underlines its momentum. For the nine months ended FY26, Puravankara reported pre-sales of ₹3,859 crore and customer collections of ₹3,045 crore. Beyond revenue growth, the pipeline is expected to generate nearly 8 million man-days of direct employment annually and support more than 250 ancillary industries linked to the real estate and construction ecosystem.

Commenting on the growth outlook, Managing Director Ashish Puravankara said the company’s expansion plans are rooted in five decades of trust, transparency, and consistent delivery. The new projects are expected to address structural housing demand emerging across India’s urban centres.

In line with its Golden Jubilee year, Puravankara has also strengthened its sustainability commitments. The company has pledged to plant one million trees by 2030 under the World Economic Forum’s 1t.org initiative. It is also focusing on green building practices, water conservation, and resource efficiency across developments.

With a disciplined capital allocation strategy and a strong launch inventory, Puravankara’s next phase of expansion is poised to strengthen its footprint in India’s premium and mid-income residential segments.