Puravankara Plans 30 Projects, GDV ₹55,000 Cr in 24 Months
Puravankara Limited plans to launch 30 projects across South India and Mumbai in the next 24 months, with an estimated GDV of over ₹55,000 crore. The company reported ₹3,859 crore in pre-sales and ₹3,045 crore in collections in 9MFY26. It also pledged to plant 1 million trees by 2030.
The announcement of a substantial pipeline of projects with a GDV of over ₹55,000 crore is a significant strategic development that is expected to materially impact the company's future revenue and market position.
The announcement details a significant expansion plan with a large GDV, indicating strong growth prospects. The company also highlights its commitment to sustainability, which is viewed positively.
Puravankara Limited has announced plans to launch 30 projects over the next 24 months, primarily in South India and Mumbai. These projects will collectively span approximately 51.14 million sq. ft. of developable area and are estimated to have a Gross Development Value (GDV) exceeding ₹55,000 crore.
Out of the planned 30 projects, a significant number are currently in the approval stage, with the rest in the design stage and expected to initiate approvals shortly. This expansion strategy focuses on high-quality, well-located developments in key urban markets, supported by strong launch inventory and disciplined capital allocation. As of the first nine months of FY26, the company reported pre-sales of ₹3,859 crore and customer collections of ₹3,045 crore.
The company's Managing Director, Ashish Puravankara, stated that this growth phase is backed by stronger capabilities and a high-quality project pipeline. Mallanna Sasalu, CEO - South, added that the developments are designed as integrated communities, responding to evolving customer needs and contributing to urban growth. The company also reinforced its commitment to sustainability, pledging to plant 1 million trees by 2030 under the World Economic Forum’s 1t.org initiative. As part of its Golden Jubilee year, 10,000 trees will be planted during the upcoming Puravankara 10k Run on 29 March 2026.
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Puravankara Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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