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Puravankara Share Price Rose ~12% Post Q3FY26 Business Update: Sales Saw Double-Digit Growth

Written by: Sachin GuptaUpdated on: 14 Jan 2026, 4:57 pm IST
In Q3 FY26, Puravankara launched Purva Silversky at Hebbagodi Village, Attibele Hobli, Anekal Taluk, Bengaluru, spanning a total saleable area of 7,73,111 sq ft.
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On January 14, 2026, Puravankara share price rose ~12%, reaching a day high of ₹258.60 at 10:50 AM, after opening at ₹239.00 on BSE. The gain in Puravankara share price follows the release of Q3FY26 and 9MFY26 results, wherein, it recorded pre-sales of ₹1,414 crore, reflecting a 17% YoY growth. 

Average price realisations rose 12% YoY, while customer collections surged 22% YoY to ₹1,140 crore, highlighting continued demand and strong execution across its portfolio.

New Project Launches

In Q3 FY26, Puravankara launched Purva Silversky at Hebbagodi Village, Attibele Hobli, Anekal Taluk, Bengaluru, spanning a total saleable area of 7,73,111 sq ft. The project features 356 residential units in 3, 4, and 5 BHK configurations, catering to premium and family-focused buyers. During the first nine months of FY26, the company launched a total saleable area of 2.83 million sq ft, of which 2.05 million sq ft came from new phase launches.

Strategic Land Acquisitions & Developments

Puravankara strengthened its land bank with several high-potential acquisitions. In Anekal Taluka, Bengaluru, it acquired a 53.5-acre parcel at Attibele Hobli, offering GDV potential of approximately ₹4,800 crore and 6.4 million sq ft of developable area. In Mumbai’s Malabar Hill, the company, through a wholly-owned subsidiary, secured a premium redevelopment project with GDV potential of around ₹2,700 crore, covering 0.7 million sq ft on 1.43 acres.

Expansion in Bengaluru and Mumbai

In Balegere, East Bengaluru, Puravankara entered into a joint development for a 5.5-acre land parcel, with combined GDV potential exceeding ₹1,000 crore. In Chembur, Mumbai, the company was selected as the preferred developer for the redevelopment of eight residential societies, unlocking over 1.2 million sq ft across approximately 4 acres, with an estimated GDV of ₹2,100 crore. 

Additionally, in KIADB Hardware Park, North Bengaluru, Puravankara partnered with KVN Property Holdings LLP for a 24.59-acre land parcel, offering 3.48 million sq ft of developable area and a GDV potential of over ₹3,300 crore.

Also Read: ICICI Prudential Life Insurance Q3FY26 Results: Higher Investment Income Fueled ~20% Growth in PAT

Market Outlook

India’s macroeconomic momentum remains strong. Real GDP growth in Q2 FY26 stood at around 8.2% YoY, leading the RBI to revise its FY26 growth forecast to 7.3%. While residential housing demand moderated in Q3 FY26, declining roughly 16% YoY in volume terms, the commercial real estate segment showed resilience, with leasing activity rising about 15% QoQ. 

Bengaluru led absorption with a ~24% share, followed by Mumbai (~22%) and Delhi-NCR (~18%), highlighting sustained office space demand across India’s key metropolitan markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 14, 2026, 11:21 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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