Puravankara Strengthens Growth Momentum with Rs 1,322 Crore Pre-Sales in Q2FY26

Real estate major Puravankara Limited has reported robust financial performance for the second quarter of FY26, posting pre-sales of Rs 1,322 crore, marking a 4% year-on-year (YoY) growth. The company also recorded a significant rise in customer collections, which grew 8% YoY to Rs 1,047 crore, reflecting continued customer trust and strong brand positioning in India’s real estate sector.

Managing Director Ashish Puravankara said that the company’s growth momentum in Q2FY26 was driven primarily by sustained demand across key projects. “Our Q2 performance underscores the trust of our customers and the strength of our brand. We remain focused on disciplined execution and value creation across high-demand micro-markets,” he noted.

During the first half of FY26, Puravankara made notable strides in portfolio expansion, adding over 6.36 million square feet of potential developable area with an estimated gross development value (GDV) of Rs 9,100 crore. This includes several landmark acquisitions across Mumbai and Bengaluru, such as the Malabar Hill redevelopment, the Chembur residential redevelopment, and large-scale partnerships in North and East Bengaluru.

Among its key business developments in H1FY26:

At KIADB Hardware Park, North Bengaluru, the company partnered with KVN Property Holdings LLP for a 24.59-acre land parcel with 3.48 million sq ft of developable area and a GDV of over Rs 3,300 crore.

In Chembur, Mumbai, Puravankara was chosen as the preferred developer for redeveloping eight residential societies, unlocking 1.2 million sq ft of development potential valued at Rs 2,100 crore.

In Balegere, East Bengaluru, it entered into a joint development for a 5.5-acre parcel with a GDV potential exceeding Rs 1,000 crore.

The Malabar Hill project in Mumbai, valued at Rs 2,700 crore, further reinforces Puravankara’s presence in premium housing.


With India’s GDP growing at 7.8% YoY and residential demand rising across major metros, Puravankara is well-positioned to leverage the positive real estate sentiment through strategic expansion, timely project execution, and customer-focused developments.