Acquisitions14 Jan 2026, 09:17 am
Puravankara Expands Portfolio with Rs 13,900 Cr GDV in Acquisitions in Q3FY26 & 9MFY26
AI Summary
Puravankara Limited, one of India’s most trusted real estate developers, reported pre-sales of Rs 1,414 crores in Q3FY26, marking a 17% YoY growth. The average price realisation improved by 12% YoY, while customer collections for the quarter grew by 22% YoY to Rs 1,140 crores. During the quarter, Puravankara handed over 1.23 msft, delivering 1,116 homes, bringing the cumulative handover for 9MFY26 to 2.58 msft (2,446 homes). The company has a total land bank of ~32 msft and ongoing projects total ~34 msft.
Key Highlights
- Puravankara reported pre-sales of Rs 1,414 crores in Q3FY26, marking a 17% YoY growth.
- Customer collections for the quarter grew by 22% YoY to Rs 1,140 crores.
- Puravankara handed over 1.23 msft, delivering 1,116 homes, in Q3 FY26.
- The company made significant progress in expanding its portfolio, adding over 12.76 msft of potential developable area with an estimated GDV of approximately Rs 13,900 crores in 9MFY26.
- Puravankara has a total land bank of ~32 msft and ongoing projects total ~34 msft.