Puravankara Announces 30 Projects with Rs 55,000 Crore GDV
Filing Summary
Puravankara Limited has announced plans to launch 30 projects across South India and Mumbai, with a Gross Development Value (GDV) exceeding Rs 55,000 crores over the next 24 months. The projects will cover approximately 51.14 million sq. ft. of developable area. As of the first nine months of FY26, Puravankara reported pre-sales of Rs 3,859 crores and customer collections of Rs 3,045 crores. The company is also committed to sustainability, pledging to plant 1 million trees by 2030 as part of the World Economic Forum’s 1t.org initiative.
Puravankara Limited has announced the development of 30 projects across South India and Mumbai, with a Gross Development Value (GDV) exceeding Rs 55,000 crores over the next 24 months. The projects will encompass approximately 51.14 million sq. ft. of developable area. A significant portion of these projects is in the approval stage, while the remainder is in the design phase, with approvals to be initiated shortly.
Financially, Puravankara reported pre-sales of Rs 3,859 crores and customer collections of Rs 3,045 crores for the first nine months of FY26. The company aims to maintain strong operating momentum through disciplined capital allocation and a robust launch inventory. The planned projects are expected to generate around 8 million man-days of direct employment annually and support over 250 ancillary industries related to the real estate sector.
The scope of the projects includes high-quality, well-located developments in key urban markets. Puravankara’s focus remains on creating differentiated products and strengthening its presence in key micro-markets. The company is committed to delivering long-term value through high-quality developments and operational excellence. The projects are designed as integrated communities that respond to evolving customer needs.
Puravankara’s commitment to sustainability is highlighted by its pledge to plant 1 million trees by 2030 under the World Economic Forum’s 1t.org initiative. This initiative is part of the company’s broader sustainability efforts, which include water conservation, green building practices, and environmentally responsible development. The company will reinforce this commitment through the upcoming Puravankara 10k Run on 29 March 2026, during which 10,000 trees will be planted.
The timeline for the projects spans the next 24 months, with a significant number of projects already in the approval stage. The remaining projects are in the design phase, with approvals to be initiated shortly. This expansion reflects Puravankara’s focus on high-quality developments across key urban markets.
Puravankara Limited is a prominent real estate developer in India, known for its residential brands Puravankara, Provident Housing Limited, and Purva Land. The company also operates Starworth Infrastructure and Construction Limited, focusing on technology-enabled construction solutions. Puravankara has completed over 93 projects, covering approximately 56 million sq. ft. across nine cities, and continues to expand its footprint in the commercial real estate sector.