+
Puravankara Plans 30 Projects With Rs 550 Billion GDV
ECONOMY & POLICY

Puravankara Plans 30 Projects With Rs 550 Billion GDV

Puravankara has announced plans to launch 30 residential and mixed?use projects across southern India and Mumbai over the next 24 months, with a combined gross development value of Rs 55,000 crore (Rs 550 billion, Rs 550 bn). The planned developments will cover about 51.14 million square feet (51.14 mn square feet) of developable area and represent a significant increase in scale for the Bengaluru?based developer. The company positioned the pipeline as a major step in its growth strategy and as a response to stable housing demand in key urban centres.

Several projects are already at the approval stage while the remainder remain in design and will begin regulatory clearances shortly. The programme is intended to deliver both core residential supply and mixed?use schemes that integrate retail and community amenities into project layouts. The developer framed the launches as prioritising high quality construction, location convenience and long?term value for homebuyers.

The developer reported pre?sales of Rs 3,859 crore (Rs 38.59 billion, Rs 38.59 bn) and customer collections of Rs 3,045 crore (Rs 30.45 billion, Rs 30.45 bn) in the first nine months of fiscal 2026, figures the company said illustrate sustained demand and strong operating momentum. Management noted that these cash flows and sales volumes underpin the firm’s capacity to scale up launches and maintain steady execution on ongoing sites. The company also indicated that project phasing and capital allocation would be managed to support delivery timelines.

Senior executives said the pipeline reflects confidence in India’s structural housing demand and a continued emphasis on delivering integrated communities rather than stand?alone developments. The company described its execution roadmap as stronger, more agile and future?ready, aiming to match evolving customer preferences. The upcoming developments are expected to generate around eight million man?days of direct employment annually and to support more than 250 ancillary industries linked to the real estate sector. The firm indicated these outcomes should have positive spillovers for the construction supply chain and regional economies where projects are sited.

Puravankara has announced plans to launch 30 residential and mixed?use projects across southern India and Mumbai over the next 24 months, with a combined gross development value of Rs 55,000 crore (Rs 550 billion, Rs 550 bn). The planned developments will cover about 51.14 million square feet (51.14 mn square feet) of developable area and represent a significant increase in scale for the Bengaluru?based developer. The company positioned the pipeline as a major step in its growth strategy and as a response to stable housing demand in key urban centres. Several projects are already at the approval stage while the remainder remain in design and will begin regulatory clearances shortly. The programme is intended to deliver both core residential supply and mixed?use schemes that integrate retail and community amenities into project layouts. The developer framed the launches as prioritising high quality construction, location convenience and long?term value for homebuyers. The developer reported pre?sales of Rs 3,859 crore (Rs 38.59 billion, Rs 38.59 bn) and customer collections of Rs 3,045 crore (Rs 30.45 billion, Rs 30.45 bn) in the first nine months of fiscal 2026, figures the company said illustrate sustained demand and strong operating momentum. Management noted that these cash flows and sales volumes underpin the firm’s capacity to scale up launches and maintain steady execution on ongoing sites. The company also indicated that project phasing and capital allocation would be managed to support delivery timelines. Senior executives said the pipeline reflects confidence in India’s structural housing demand and a continued emphasis on delivering integrated communities rather than stand?alone developments. The company described its execution roadmap as stronger, more agile and future?ready, aiming to match evolving customer preferences. The upcoming developments are expected to generate around eight million man?days of direct employment annually and to support more than 250 ancillary industries linked to the real estate sector. The firm indicated these outcomes should have positive spillovers for the construction supply chain and regional economies where projects are sited.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code