Puravankara Group expands Portfolio in H1, FY26, credits Customer Trust and thoughtful Strategies for Growth

Puravankara Group, one of the most reputed developers in South India, records an impressive growth figure.

Ashish Puravankara, Managing Director, Puravankara Group delighted with things going in North for the organization said, “In Q2, FY26, we sustained the growth momentum, driven entirely by sustenance sales, achieving pre-sales of Rs. 1,322 crore and collections of Rs. 1,047 crore, both improving year-on-year. This performance underscores the continued trust of our customers and the strength of our brand across markets.”

Puravankara Group, one of the top developers in South India, has also been chosen to work on redevelopment projects in India’s financial capital, Mumbai. The company is a preferred developer for the redevelopment of eight residential societies here. The estimated GDV for the following is Rs. 2,100 Crores for 4 acres (1.2 msft). The projects are located mainly in Chembur, Mumbai.

Following this is Malabar Hills. In Mumbai’s another coveted locale, the Puravankara Group eyes GDV of Rs. 2,700 Crore. The redevelopment project covers 0.7 million square feet of development on 1.43 acres.

Amplifying its strong presence in Bangalore, the Puravankara group holds a gross development value (GDV) of more than Rs. 1,000 Crore. Planned in Balegere, East Bangalore, the company goes into a joint venture to develop 5.5 acres of land.

Growth underscores the continued trust of our customers across markets

Bangalore real estate continues to witness growth, and the figures for a leading South India developer reflect the same story. A significant improvement is visible in Average realization to Rs 8,814/sft in Q2 FY26 (up by 7% Y-o-Y) and Rs 8,891/sft in H1 FY26 (up by 8% Y-o-Y).

In North Bengaluru, Puravankara Group also locks a joint venture in KIADB Hardware with KVN Property Holdings LLP. One of the best developers in South India, the company will work collaboratively on 24.59-acre land. The estimated GDV for the project stands at more than Rs. 3,300 crore.

He further said, “During the first half of FY26, we made significant progress in expanding our portfolio, adding over 6.36 million square feet of potential developable area with an estimated GDV of approximately Rs. 9,100 Crore. These include marquee acquisitions across Mumbai and Bengaluru, such as Malabar Hills and Chembur redevelopment projects, and large-scale partnerships in North and East Bengaluru. Our focus remains on disciplined execution and value creation through strategic expansion in high-demand micro-markets.”

The two most popular residential projects by Puravankara group includes Purva Atmosphere in Bangalore. The second is a plotted development Purva Soukhyam in Chennai's sought after location. The developer holds RERA-validation for these projects from the respective RERA authorities.