Ashish Purvankara, MD of Puravankara.
Credit: DH Photo
Bengaluru: Real estate developer Puravankara Limited, on Wednesday, reported pre-sales of Rs 1,414 crore in Q3FY26, marking a 17 per cent Year-on-Year growth. The average price realisation improved by 12 per cent YoY, while customer collections for the quarter grew by 22 per cent YoY to Rs 1,140 crore.
Commenting on the Company's performance, Ashish Puravankara, Managing Director, Puravankara Limited, said, “In 9 months of FY26, we made significant progress in expanding our portfolio, adding over 12.76 million sq ft of potential developable area with an estimated GDV of approximately Rs 13,900 crore. These include marquee acquisitions across Bengaluru and Mumbai, such as a 53.5-acre land parcel in Anekal Taluk, Bengaluru; large-scale partnerships in North and East Bengaluru; and redevelopment projects at Malabar Hill and Chembur. Our focus remains on disciplined execution and value creation through strategic expansion in high-demand micro-markets.”
In Q3FY26, the company achieved pre-sales of Rs 1,414 crore and collections of Rs 1,140 crore, both improving year-on-year.
During the quarter, Puravankara handed over 1.23 M sq ft, delivering 1,116 homes, bringing the cumulative handover for 9MFY26 to 2.58 M sq ft (2,446 homes).
In Q3 FY26, Puravankara launched Purva Silversky at Hebbagodi Village, Attibele Hobli, Anekal Taluk, Bengaluru, with a total saleable area of 7,73,111 sq ft. The project comprises 356 homes across 3, 4 and 5 BHK configurations.
During 9M FY26, the total saleable area launched stood at 2.83 M sq ft, including 2.05 msft from new phase launches.