Puravankara Limited reported pre-sales of Rs 14.14 billion in Q3FY26, registering a 17 per cent year-on-year growth. Average price realisation improved 12 per cent YoY, while customer collections rose 22 per cent to Rs 11.4 billion, reflecting steady demand across key markets. During 9MFY26, the company expanded its development pipeline by adding over 12.76 msft of potential developable area with an estimated gross development value (GDV) of around Rs 139 billion. The additions include large land acquisitions and redevelopment projects across Bengaluru and Mumbai. In Q3FY26, Puravankara launched Purva Silversky at Anekal Taluk, Bengaluru, comprising 356 homes across 3, 4 and 5 BHK configurations with a saleable area of 77300 sq ft. Total launches during 9MFY26 stood at 2.83 msft, including new phase additions of 2.05 msft. Business development activity during the period spanned strategic acquisitions in Anekal Taluk, redevelopment projects at Malabar Hill and Chembur in Mumbai, joint development at Balegere in East Bengaluru, and a partnership at KIADB Hardware Park in North Bengaluru, together adding significant GDV potential. Despite moderation in residential housing demand during Q3FY26, commercial real estate activity remained resilient, with Bengaluru, Mumbai and Delhi-NCR continuing to lead office leasing absorption.

“In 9MFY26, we made significant progress in expanding our portfolio, adding over 12.76 msft of potential developable area with an estimated GDV of approximately Rs 139 billion In Q3FY26, we continued the growth momentum, driven substantially by sustenance sales, achieving pre-sales of Rs 14.14 billion and collections of Rs 11.4 billion,” said Ashish Puravankara, Managing Director, Puravankara Limited.