Actual property developer Puravankara plans to announce 30 tasks within the subsequent 24 months, primarily throughout South India and Mumbai.
The deliberate pipeline contains roughly 51.14 million sq ft of developable space with an estimated gross growth worth (GDV) of over Rs 55,000 crore, marking a major step-up within the firm’s development trajectory.
The corporate mentioned that of the 30 tasks, a major quantity are already within the approval stage, whereas the remaining are within the design stage and the approval course of is predicted to start quickly.
As of September 2026, the corporate reported pre-order gross sales of Rs 3,859 crore and buyer collections of Rs 3,045 crore. The corporate mentioned the upcoming growth is predicted to meaningfully contribute to financial exercise.
Ashish R. Puravankara |Picture Credit score: MAIL
“The pipeline is predicted to generate roughly 8 million direct employment days per 12 months and profit greater than 250 ancillary industries associated to the true property sector,” the report mentioned.
Ashish Puravankara, Managing Director, Puravankara Ltd. “As we enter our subsequent part of development, we’re poised for the subsequent leap ahead, backed by stronger capabilities, an expert and well-managed group, and a high-quality mission pipeline throughout Mumbai and South India.”
“We stay centered on creating differentiated merchandise, strengthening our presence in key micro-markets, and delivering long-term worth to our prospects and stakeholders. This pipeline displays not solely our development ambitions, but additionally our confidence in India’s structural housing demand and alternatives rising throughout city markets,” he added.
Mallannaasalu, CEO of Puravankara Ltd. South, mentioned, “We enter this part stronger, extra agile and with a transparent execution roadmap to future-ready. Our developments are designed not simply as actual property tasks, however as built-in communities that reply to evolving buyer wants.”
“On the identical time, we acknowledge the wide-ranging function we play within the financial system. Developments of this scale create livelihoods, assist a broad industrial ecosystem and contribute meaningfully to the expansion of cities. Our sustainability efforts, together with our tree-planting pledge and concentrate on useful resource effectivity, are integral to the best way we construct for the long run,” he added.
