Bengaluru-based real estate developer Puravankara plans to launch 12–13 million sq. ft. of residential projects across Bengaluru, Mumbai, Kochi, and Coimbatore, with homes priced between Rs 1.4 crore and Rs 13 crore.

The new launches will mainly comprise high-rise apartments, gated communities, and smaller townships. In Bengaluru, the Rs one to two crore segment has become the premium bracket, while mid-segment homes are priced between Rs 70 lakh and Rs 1.2 crore. Puravankara expects its launch pipeline to reach Rs 13,000 crore this financial year, with Bengaluru accounting for the largest share at eight million sq. ft., followed by Kochi, Coimbatore, and Mumbai. In Mumbai, the focus is on marquee redevelopment projects.

Average prices are expected to rise, with ultra-luxury homes in Bengaluru and Mumbai exceeding Rs 11 crore. Despite no new launches so far this financial year due to regulatory delays, the company recorded nearly Rs 3,859 crore in pre-sales from ongoing projects. Approvals are now improving, enabling a revival in launches.