New Launch16 Apr 2025, 09:30 pm
Puravankara Ltd Reports 9% Y-o-Y Growth in Collections, Achieves Highest-Ever Sustenance Sales
AI Summary
Puravankara Limited, one of India’s most trusted and admired real estate developers, reported customer collections of Rs 3,937 crores in FY25, reflecting a 9% year-on-year growth compared to Rs 3,609 crores in FY24. The company achieved pre-sales of Rs 1,282 crores in Q4FY25, bringing the total sales value for FY25 to Rs 5,006 crores. The Group invested over Rs 1,300 crores in land acquisition in FY25, securing a total area of approx. 8 msft with an estimated potential GDV of over Rs 13,000 crores. Puravankara Group launched its much-awaited project, ‘Purva Panorama’ in Thane, Mumbai, with a total development potential of 3 million sq. ft. The Group plans to launch over 13 million sq. ft. in FY26.
Key Highlights
- Achieved customer collection of Rs 3,937 crores in FY25, up by 9% compared to Rs 3,609 crores in FY24.
- Achieved quarterly customer collections from the real estate business of Rs 946 crores in Q4FY25.
- Achieved quarterly sales value of Rs 1,282 crores for Q4FY25; and Rs 5,006 crores for FY25.
- During FY25, the Group invested over Rs 1,300 crores to secure land with total area of approx. 8 msft with estimated potential GDV of over Rs 13,000 crores.
- Puravankara Group launched its much-awaited project, ‘Purva Panorama’ in Thane, Mumbai, with a total development potential of 3 million sq. ft.