Puravankara to Launch 30 Projects, Eyes ₹55,000 Crore GDV Amid Stable Demand
CCNBC TV18•26-03-2026, 13:31
Puravankara to Launch 30 Projects, Eyes ₹55,000 Crore GDV Amid Stable Demand
- •Puravankara plans to launch 30 projects (51.14 million sq ft) over the next 24 months, primarily in South India and Mumbai, with an estimated gross development value exceeding ₹55,000 crore.
- •The company reported pre-sales of ₹3,859 crore and customer collections of ₹3,045 crore in 9MFY26, with a strong presence in Bengaluru, Hyderabad, Chennai, Mumbai, and Pune.
- •Managing Director Ashish Ravi Puravankara noted stable demand trends in Q4, supported by strong responses to recent project launches.
- •Despite potential input cost pressures from geopolitical tensions, Puravankara expects margins to remain stable, as cost increases have a limited impact over the four-year construction cycle.
- •The company is evaluating entry into the NCR market while focusing on executing its current launch pipeline, and its commercial portfolio of 2.2 million sq ft is nearing completion.