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Puravankara Q2 Pre-sales Surge 62 Percent to 2136 Crore
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News18•13-10-2026, 12:45
Puravankara Q2 Pre-sales Surge 62 Percent to 2136 Crore
- •Puravankara Limited reported pre-sales of ₹2,136 crore in Q2FY27, marking a 62 percent increase year-on-year.
- •Customer collections rose 24 percent year-on-year to reach ₹1,301 crore for the quarter.
- •The company added a development pipeline with an estimated Gross Development Value of ₹14,100 crore across Bengaluru, Mumbai, and Greater Noida during H1FY27.
- •Average price realisation improved 32 percent year-on-year to ₹11,651 per square foot.
- •Puravankara successfully completed the sale of its commercial property Purva Zentech to an entity backed by ICICI Prudential AMC.
Key Questions Answered
Puravankara Limited reported pre-sales of ₹2,136 crore in Q2FY27, marking a 62% year-on-year increase from ₹1,322 crore in Q2FY26. Customer collections also rose 24% year-on-year to reach ₹1,301 crore during the same quarter.
Puravankara completed the sale of its commercial property, Purva Zentech, to an ICICI Prudential AMC-backed entity on September 30, 2026. The transaction values the asset at an enterprise value of ₹625.94 crore via the transfer of the company's entire shareholding in Purva Ruby Properties Private Limited.
During the first half of FY27, Puravankara added projects with a cumulative development potential of 10.74 msft and an estimated Gross Development Value of ₹14,100 crore across Bengaluru, Mumbai, and Greater Noida.
