Puravankara Share Price Gains Over 12% as Q1 FY27 Pre-Sales Up 28%, Collections Surge 40%

On July 13, 2026, Puravankara Limited, a prominent real estate developer in India, has reported a 28% year-on-year growth in pre-sales, reaching ₹1,439 crore in Q1 FY27. The company also noted a 40% increase in collections, amounting to ₹1,199 crore as per the exchange filings. 

Puravankara’s Q1 FY27 Performance and Commercial Divestment 

During the first quarter of FY27, Puravankara achieved a sales area of 1.36 million square feet, marking a 9% rise compared to the previous year.  

The average price realisation improved by 18% YoY to ₹10,589 per square foot. The company handed over 0.94 million square feet, delivering 745 homes in this period. 

Puravankara also entered into a definitive agreement with ICICI Prudential AMC for the sale of its commercial property, Purva Zentech, valued at ₹625.94 crore.  

Of this, ₹145 crore will be received through the sale of shares of the SPV, with the remainder realised through agreed balance sheet adjustments. 

Puravankara’s Business Development Initiatives in Q1FY27 

In Q1 FY27, Puravankara announced four land transactions covering approximately 41.93 acres, with a development potential of around 4.23 million square feet and a total estimated GDV of ₹5,200 crore. These transactions include: 

• Sarjapura, Bengaluru: A joint development agreement for a 6.4-acre land parcel with a potential GDV of over ₹1,000 crore and saleable area of 0.8 million square feet.
• Doddagubbi, North Bengaluru: A joint development agreement for an 11.23-acre land parcel with a potential GDV of over ₹1,100 crore and saleable area of 0.74 million square feet.
• Sanna Ammanikere, North Bengaluru: Acquisition of a 9.73-acre land parcel with a GDV potential of approximately ₹800 crore and a saleable area of 0.89 million square feet.
• Mandur, Bengaluru: Secured a 14.57-acre land parcel with a GDV of ₹2,300 crore, offering 1.8 million square feet of development potential. 

About Puravankara Ltd 

Puravankara Limited, headquartered in Bengaluru, has a pan-India presence and has completed 95 projects totalling approximately 57 million square feet across nine cities.  

The company's total land bank is around 40 million square feet, with ongoing projects adding up to 36.69 million square feet. 

Read More: Indian Bank Q1 FY27 Results: Net Profit Rises 10% to ₹3,273 Crore, Share Price Rises Over 8%! 

Puravankara Share Price Performance 

As of July 13, 2026, at 12:19 PM, Puravankara share price on NSE was trading at ₹252.80, up by 12.83% from the previous closing price. 

Conclusion 

Puravankara Limited reported a 28% YoY growth in pre-sales, reaching ₹1,439 crore, and a 40% increase in collections to ₹1,199 crore in Q1 FY27. The company added a ₹5,200 crore GDV pipeline, strengthening its project portfolio. 

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