Puravankara Group enters Delhi-NCR Real Estate with its Largest Land Deal in FY26-27

Puravankara, the Bengaluru-based reputed developer, enters Delhi-NCR real estate with its biggest land deal in FY26-27. The company acquired a 13.44-acre land in Greater Noida with an expected GDV (Gross Development Value) of Rs. 5,200 Crore. The purchased land has a saleable potential of approximately 4.57 sq. ft.

The company bought a giant land parcel via its wholly owned subsidiary, i.e., Prudential Housing and Infrastructure Development Limited. The filing by Puravankara Group shows this.

According to sources, the company bought the land parcel for nearly Rs. 340 Crore will have its maiden high-rise residential project in the region.

Puravankara Group believes entry into the Delhi-NCR region is a strategic move after experiencing success in South India. Also, the company is a trusted name in real estate in Western India.

 “Our entry into Delhi-NCR marks an important new chapter in Puravankara’s growth journey. NCR is one of India’s largest and most dynamic real estate markets, and we have been deliberate in identifying the right opportunity to establish our presence here. Greater Noida offers the combination of scale, infrastructure momentum and long-term demand that we look for when entering a new geography,” said Ashish Puravankara, Managing Director, Puravankara Limited.

He further said, “With a Rs. 5,200 Crore development opportunity, this is a meaningful first step towards building a strong presence in NCR while remaining disciplined in our approach to capital deployment and growth.”

Well-positioned in Greater Noida, the purchased land parcel experiences seamless connectivity. Its biggest advantage is access to the Greater Noida-Noida Expressway and the Yamuna Expressway. The quick access to the recently operational Jewar International Airport adds value to property prices. The improved connectivity via the airport will boost economic conditions in the market, eventually resulting in massive employment opportunities in the region.

“Greater Noida presents a compelling opportunity for Puravankara to establish its presence in NCR at a meaningful scale. The region is seeing strong infrastructure-led growth, expanding economic activity and improving connectivity, creating a favourable environment for long-term residential demand. We see this project as an opportunity to bring differentiated Puravankara offering to the market, backed by thoughtful design, quality and disciplined execution.” Said Rajat Rastogi, CEO-West and Commercial Assets, Puravankara Limited.

He further said, “As we build our presence in North India, we will continue to evaluate opportunities across Delhi-NCR that meet our development, return and capital-efficiency criteria. Our focus will be on creating a strong and sustainable pipeline while bringing the Puravankara experience to homebuyers’ in the market.”

Puravankara Group’s Timeline for FY26-27

The maiden land deal by Puravankara, the Bengaluru-based developer in Delhi-NCR, is its biggest land transaction in FY 26- 27 by far.

Including this, the company’s business development for FY 26-27 across West and South India is estimated at 10.47 million sq ft of saleable area. The estimated GDV (Gross Development Value) for all stands at Rs. 14,100 crore.

Puravankara Group’s entry into Delhi-NCR comes alongside its Rs. 2,600 Crore redevelopment wins in Goregaon West, Mumbai. It keeps the growth momentum for the developer as the process continues.

By the end of June 2026, Puravankara Group completed 97 projects total to 59 msft in nine cities. Including Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa.

The Puravankara Group, one of the reputed developers in South India, currently has a land bank of 40 msft. The ongoing projects area adds 35.14 msft.