Real estate developer Puravankara has announced its plans to unveil 30 projects over the next 24 months, primarily across South India and Mumbai. The planned pipeline comprises nearly 51.14 million sq. ft. of developable area, with an estimated gross development value (GDV) of over ₹55,000 crore, marking a significant step-up in the company’s growth trajectory.
Focus On High-Quality, Well-Located Developments
Out of the 30 projects, a significant number are already in the approval stage, while the remaining are in the design stage, with approvals set to be initiated shortly. This next phase of expansion reflects Puravankara’s focus on high-quality, well-located developments across key urban markets, supported by a strong launch inventory and disciplined capital allocation.
As of nine months of FY26, the company has reported pre-sales of ₹3,859 crore and customer collections of ₹3,045 crore, reflecting sustained demand and strong operating momentum.
Around 8 Million Man-Days Of Direct Employment Seen
This pipeline is expected to generate around 8 million man-days of direct employment annually and give a fillip to over 250 ancillary industries associated with the real estate sector.
Puravankara MD Ashish Puravankara said, “Over the past five decades, we have built Puravankara on a strong foundation of trust, transparency, and delivery excellence. As we enter our next phase of growth, we are poised for the next leap, backed by stronger capabilities, a professional and well-governed organisation, and a high-quality project pipeline across Mumbai and South India. Our focus remains on creating differentiated products, strengthening our presence in key micro-markets, and delivering long-term value to our customers and stakeholders.”
Clear Execution Roadmap In Place
Puravankara CEO – South Mallanna Sasalu said: “We are entering this phase with a clear execution roadmap that is stronger, more agile, and future-ready. Our developments are designed not just as real estate projects, but as integrated communities that respond to evolving customer needs.”