Puravankara Q2 Pre-Sales Jump 62% To ₹2,136 Crore, Collections Hit ₹1,301 Crore
Mumbai: Puravankara Limited announced on October 13, 2026, that its pre-sales for the second quarter of fiscal year 2027 (Q2FY27) reached ₹2,136 crore, marking a 62% increase from ₹1,322 crore recorded in Q2FY26. Collections and Sales Area Growth Customer collections grew by 24% year-on-year to ₹1,301 crore, up from ₹1,047 crore in the corresponding quarter last year. The sales area for the…
Quadrant two of Puravankara Limited's fiscal year 2027 saw a 62% surge in pre-sales, reaching ₹2,136 crore. This significant jump represents a 62% increase from the ₹1,322 crore recorded in the same period last year. Customer collections also grew by 24% year-on-year, totaling ₹1,301 crore, up from ₹1,047 crore. The sales area expanded by 22% year-on-year to 1.83 million square feet.
Puravankara secured a 12.76-acre land parcel in Sathanur, Bangalore, aiming for a gross development value (GDV) of ₹2,500 crore. Average price realization rose by 32% year-on-year, hitting ₹11,651 per square foot. In Q2FY27, the company handed over 977 homes, adding up to 0.97 million square feet, contributing to a cumulative 1,722 homes and 1.92 million square feet over the first half of the fiscal year.
Additionally, Puravankara added 6.51 million square feet of potential developable area, with an estimated GDV of ₹8,900 crore for H1FY27. This brings the total pipeline additions to 10.74 million square feet and an estimated GDV of ₹14,100 crore across Bangalore, Mumbai, and Greater Noida. Q2FY27 saw new projects in South-East Bangalore, Goa West, Mumbai, and the Delhi-NCR market.
Lastly, Puravankara sold its commercial property, Purva Zentech, to an ICICI Prudential AMC-backed entity on September 30, 2026, for ₹625.94 crore, monetizing a wholly-owned subsidiary.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
