StockWatch
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Residential- Commercial Projects
Quarterly Updates13 Oct 2026, 11:24 am

Puravankara Q2 Pre-Sales Surge 62% to ₹2,136 Crore

AI Summary

Puravankara Limited reported a significant 62% year-on-year increase in pre-sales for Q2FY27, reaching ₹2,136 crore compared to ₹1,322 crore in Q2FY26. Customer collections also saw a robust 24% YoY growth, amounting to ₹1,301 crore. The company sold 1.83 million square feet, a 22% increase YoY, with average price realization improving by 32% to ₹11,651 per sq. ft. In H1FY27, Puravankara added 10.74 msft of developable area with an estimated GDV of ₹14,100 crore across Bengaluru, Mumbai, and Greater Noida. The company also completed the sale of its commercial property, Purva Zentech, for ₹625.94 crore.

Key Highlights

  • Q2FY27 pre-sales surged 62% YoY to ₹2,136 crore.
  • Customer collections grew 24% YoY to ₹1,301 crore.
  • Average price realization improved 32% YoY to ₹11,651 per sq. ft.
  • Added ₹14,100 crore GDV pipeline in H1FY27.
  • Completed sale of commercial property for ₹625.94 crore.