Puravankara to Launch 15 Million Sq. Ft. Projects by 2026

Bengaluru-based real estate developer Puravankara plans to launch 15 million sq. ft. of new projects over the next 12–15 months, with around 65 percent completion expected by March 2026, according to Managing Director Ashish Puravankara.

The company continues to benefit from strong pre-sales momentum, historically selling 70–80 percent of launched phases within two quarters. In Q2 FY26, Puravankara achieved Rs. 1,322 crore in pre-sales covering 1.5 million sq. ft., along with Rs. 1,047 crore in collections, reflecting steady demand and execution.

Key Highlights

• Puravankara to launch 15 million sq. ft. projects, 65 percent by March 2026
• Q2 FY26 pre-sales reached Rs 1,322 crore, with Rs 1,047 crore in collections
• Four new projects in Mumbai and Bengaluru with Rs 9,100 crore GDV

During the quarter, the firm added four new projects—two each in Mumbai and Bengaluru—collectively spanning 6.25 million sq. ft. with a gross development value (GDV) of Rs 9,100 crore. Additionally, the developer is advancing redevelopment projects totaling 4.25 million sq. ft. in Mumbai, enhancing its presence in India’s most valuable real estate market.

Puravankara currently has 36 million sq. ft. under development, with Rs. 9,700 crore already pre-sold out of Rs. 17,500 crore worth of launched inventory. This robust sales pipeline, coupled with new project launches in key metros, positions the company for sustained growth through FY26.

Also Read:Puravankara enters Malabar Hill with INR 2700 cr project

The developer’s strategic mix of premium, mid-income, and redevelopment projects across Mumbai, Bengaluru, Pune, and Chennai reinforces its reputation for timely delivery and strong financial performance in India’s housing market.