Puravankara, a Bengaluru-based real estate developer, plans to invest over Rs 7,000 crore in new residential projects over the coming years, targeting Rs 15,000 crore in sales.
The company aims to capitalise on the strong demand in mid-income and premium housing sectors, with key markets including Bengaluru, Chennai, Hyderabad, Pune, and Mumbai. Puravankara is preparing to launch large-scale developments under its brands Puravankara, Provident, and Purva Land, expecting significant growth in FY26 and beyond.
The company anticipates rolling out 12–14 million sq. ft. of new projects across 11 developments in cities like Bengaluru, Kochi, and Coimbatore. While 50 percent of its portfolio is concentrated in Bengaluru, Puravankara is eyeing increased contributions from western regions like Mumbai and Pune, projecting a rise to 30–40 percent over the next few years due to premium pricing and redevelopment projects.