Puravankara Q1 FY27: Pre-sales up 28% to ₹1,439 Cr, Collections rise 40%

Puravankara Ltd reported a strong operational performance for Q1 FY27, with pre-sales growing 28% year-on-year to ₹1,439 crore. Collections surged 40% YoY to ₹1,199 crore, indicating sustained customer confidence. Sales area increased by 9% to 1.36 million sq ft, and average price realization improved by 18% to ₹10,589 per sq ft. The company also handed over 0.94 million sq ft, comprising 745 homes. Additionally, Puravankara entered into a definitive agreement to sell its commercial property, Purva Zentech, to ICICI Prudential AMC for an enterprise value of ₹625.94 crore. The company announced four new land acquisitions totaling ₹5,200 crore in Gross Development Value (GDV), strengthening its project pipeline and reaffirming its FY27 sales guidance of ₹11,200 crore.