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Puravankara plans 15 million sq. ft. of new launches, targets 65 percent completion by March

Tuesday, 14 Oct 2025
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Bengaluru-based real estate firm Puravankara aims to launch 15 million sq. ft. of new projects over the next 12–15 months, with expectations to complete 65 percent by March 2026, according to MD Ashish Puravankara.

The company is banking on strong pre-sales performance, having historically sold 70-80 percent of launched phases within two quarters. For Q2 FY26, it recorded Rs 1,322 crore in pre-sales (1.5 million sq. ft.) and Rs 1,047 crore in collections. Puravankara secured four new projects—two each in Mumbai and Bengaluru—spanning 6.25 million sq. ft. with a GDV of Rs 9,100 crore.

The firm is also redeveloping 4.25 million sq. ft. in Mumbai, and has 36 million sq. ft. under development, with Rs 9,700 crore already pre-sold out of Rs 17,500 crore in launched inventory.

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