Puravankara Share Price in Focus; Secures 13.44 Acre Greater Noida Land Parcel With ₹5,200 Crore GDV Potential

Puravankara has picked up a 13.44-acre land parcel in Greater Noida, marking its entry into the Delhi-NCR market, as per the exchange filing. The parcel can support around 4.57 million sq. ft. of saleable development and has an estimated Gross Development Value (GDV) of ₹5,200 crore.  

The land was secured through Prudential Housing and Infrastructure Development Limited, Puravankara's wholly-owned subsidiary. The transaction is also the company's largest land transaction in FY27 so far.   

Greater Noida Land Parcel Brings ₹5,200 Crore GDV 

The parcel is planned as an integrated industrial and urban development. Its location gives the project access to the Yamuna Expressway, while the company expects the Noida International Airport at Jewar to further improve connectivity in the region.  

Puravankara Makes Its First Move in NCR 

Ashish Puravankara, Managing Director, said Greater Noida was selected after the company evaluated the opportunity in the region. He pointed to the area's scale, infrastructure momentum and long-term demand, while also saying that Puravankara would remain disciplined with capital deployment.  

Rajat Rastogi, CEO-West & Commercial Assets, said the project gives Puravankara a chance to establish itself in NCR at a meaningful scale. He added that the company will continue to assess opportunities in Delhi-NCR based on development, returns and capital efficiency.  

FY27 Business Development Crosses ₹14,000 Crore GDV 

With the Greater Noida acquisition included, Puravankara's FY27 business development across Delhi-NCR, Mumbai and Bengaluru now covers about 10.74 million sq. ft. of saleable area. The combined estimated GDV stands at ₹14,100 crore.  

The company is also considering different development structures, including outright acquisitions and joint development agreements, as it builds its pipeline.  

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Puravankara Share Price Performance  

As of 22 September 2026, at 1:04 PM, Puravankara Ltd share price is trading at ₹216.50 per share, reflecting a surge of 0.73% from the previous trading session. 

Conclusion 

The Greater Noida parcel gives Puravankara its first foothold in Delhi-NCR, with 4.57 million sq. ft. of potential saleable area. At an estimated ₹5,200 crore GDV, the project adds another sizeable development opportunity to its FY27 pipeline. 

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