Puravankara's FY25 sales cross Rs 10B, collections up 9 per cent

21 Apr 2025 CW Team

Bengaluru-based real estate firm Puravankara clocked Rs 39.37 billion in customer collections in FY25, up 9 per cent from Rs 36.09 billion in the previous fiscal. Q4 collections stood at Rs 9.46 billion, the company said in its operational update.

Pre-sales for the March quarter reached Rs 12.82 billion, taking total sales for the year to Rs 50 billion. Sustenance sales rose 22 per cent to Rs 42.23 billion, while average price realisation improved 10 per cent.

“We’ve achieved our highest-ever sustenance sales this year, led by strong absorption across ongoing projects,” said Ashish Puravankara, MD of the company. “We continue to command a price premium, with a 10 per cent gain in average realisation and higher absorption.”

The group invested over Rs 13 billion during the year to acquire around 8 million sq ft of land with a potential GDV exceeding Rs 130 billion.

It now has a 13 million sq ft launch pipeline for FY26—9 million sq ft of new projects and 4 million sq ft in new phases. About 5 million sq ft is in the final stages of approval and is likely to go live in the next two quarters.

Shares of Puravankara ended 0.93 per cent higher at Rs 228.50 on the BSE.

Real Estate

11 Mar 2026

Kumar Corp Launches Plumeria Project In Bengaluru

Kumar Corp has launched Kumar Plumeria, a premium residential development near KIADB Aerospace Park in Bengaluru. The project comprises six residential towers offering 3.5 BHK, 3.5 BHK with staff and 4.5 BHK with staff residences designed with expansive balconies, natural ventilation and landscaped surroundings. The development features saleable areas ranging from about 2,680 sq. ft. to 3,070 sq. ft. and is planned as a low-density community with around 100 residences. The project integrates a landscape master plan that includes open green spaces, community zones and recreational amenities. ..

Blum India Launches Blum Club App

Blum India has introduced the Blum Club app, a loyalty platform designed for carpenters and contractors to recognise and reward their role in furniture installation and interior construction. The app allows users to scan QR codes on Blum product packaging to collect points linked to purchases. These points can be redeemed directly as monetary transfers to bank accounts through the platform’s redemption system. Neelam Shah, Head of Marketing and Communications at Blum India, said the initiative is aimed at recognising the contribution of craftsmen who install hardware products in residentia..

Enlight Metals Launches Waste Free Steel Procurement Model

Enlight Metals has introduced its Waste Free Steel (WFS) initiative, aimed at transforming steel procurement through precision-driven sourcing and advanced material planning. The programme seeks to reduce steel wastage by 8–10 per cent in infrastructure and EPC projects by shifting procurement practices from volume-based buying to drawing-based supply aligned with engineering requirements.The initiative is powered by Enlight Metals’ Agentic AI–enabled metal procurement platform, which enables project teams to submit technical drawings and material specifications for detailed analysis. Ba..