Puravankara Share Price in Focus as Q2 FY27 Pre-Sales Rise 62% to ₹2,136 Crore

Puravankara Limited reported pre-sales of ₹2,136 crore for the quarter ended 30 September 2026, against ₹1,322 crore in the same period last year, as per an exchange filing dated October 13, 2026.  

Sales were also higher than the ₹1,439 crore recorded in the June 2026 quarter. Customer collections increased to ₹1,301 crore from ₹1,047 crore a year earlier. The company collected ₹1,199 crore in Q1 FY27. 

Sales Area and Property Prices 

The area sold during the quarter rose to 1.83 million square feet from 1.50 million square feet a year earlier. Average price realisation stood at ₹11,651 per sq. ft, compared with ₹8,814 per sq. ft in Q2 FY26. 

Land Deals Add to Project Pipeline 

Puravankara added projects with a combined potential developable area of 6.51 million square feet in Q2, with an estimated gross development value (GDV) of ₹8,900 crore. 

For the first half of FY27, additions totalled 10.74 million square feet, valued at an estimated GDV of ₹14,100 crore. 

In Greater Noida, the company secured a 13.44-acre land parcel with development potential of 4.57 million square feet and an estimated GDV of ₹5,200 crore.  

In Mumbai, it acquired redevelopment rights for three residential societies in Goregaon West, with an estimated GDV of ₹2,600 crore. A joint development agreement in south-east Bengaluru has a potential GDV of over ₹1,100 crore. 

Project Launches and Handovers 

The company launched three projects during the quarter: Westend and Equinox 6 in Bengaluru, and Miami in Mumbai. Together, they cover 1 million square feet of developable area. 

Puravankara completed 0.41 million square feet at One Park Avenue in Mumbai. It handed over 977 homes during the quarter, covering 0.97 million square feet. For H1 FY27, handovers reached 1,722 homes across 1.92 million square feet. 

Purva Zentech Sale 

Puravankara completed the sale of Purva Zentech on 30 September 2026 for an enterprise value of ₹625.94 crore. The deal involved transferring its entire shareholding in Purva Ruby Properties Private Limited to an entity backed by ICICI Prudential AMC. 

Read More: Polycab Share Price in Focus as NSE Announces Exclusion from Equity Derivatives Segment from December 30, 2026! 

Puravankara Share Price Performance  

As of October 13, 2026, 1:15 pm, Puravankara share price was trading at ₹209.35, a 0.23% decrease from the previous closing price. 

Conclusion 

The September quarter saw an increase in pre-sales and customer collections compared with a year earlier. Puravankara also added new land parcels, launched three projects and completed the Purva Zentech sale during the period. 

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