
Puravankara Limited, a prominent real estate developer in India, has announced a significant expansion of its portfolio with acquisitions totalling a gross development value (GDV) of ₹13,900 crore in the first 9 months of FY26. This development underscores the company's strategic growth in key markets.
In Q3 FY26, Puravankara reported pre-sales of ₹1,414 crore, marking a 17% year-on-year (YoY) increase. The company also saw a 22% YoY rise in customer collections, reaching ₹1,140 crore. The average price realisation improved by 12% YoY.
Managing Director Ashish Puravankara highlighted the company's progress in expanding its portfolio, adding over 12.76 million square feet of potential developable area. Key acquisitions include a 53.5-acre land parcel in Anekal Taluk, Bengaluru, and redevelopment projects in Malabar Hill and Chembur, Mumbai.
Puravankara's recent acquisitions include a 53.5-acre land parcel in Anekal Taluka, Bengaluru, with a GDV potential of approximately ₹4,800 crore. In Mumbai, the company secured a redevelopment project at Malabar Hill, offering premium development on 1.43 acres with a GDV potential of ₹2,700 crore.
In East Bengaluru, Puravankara entered a joint development for a 5.5-acre land parcel, with a combined potential GDV of over ₹1,000 crore. Additionally, in Chembur, Mumbai, the company was selected as the preferred developer for the redevelopment of 8 residential societies, unlocking over 1.2 million square feet of development potential.
Puravankara also partnered with KVN Property Holdings LLP for a 24.59-acre land parcel in KIADB Hardware Park, North Bengaluru, with a potential GDV of over ₹3,300 crore. The company launched Purva Silversky in Hebbagodi Village, Bengaluru, with a total saleable area of 7,73,111 square feet.
As of January 14, 2026, at 10:01 AM, Puravankara share price on NSE was trading at ₹252.80 up by 9.78% from the previous closing price.
Read More: Puravankara Share Price in Focus After Subsidiary Secures ₹311 Crore Construction Contract!
Puravankara's strategic acquisitions and project launches in FY26 reflect its commitment to expanding its portfolio in high-demand micro-markets. The company's focus on disciplined execution and value creation has resulted in significant growth in pre-sales and customer collections.
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Published on: Jan 14, 2026, 12:05 PM IST

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