Puravankara Limited, a prominent real estate developer in India, has announced an ambitious plan to launch 30 projects across South India and Mumbai over the next 24 months. The projects will cover approximately 51.14 million square feet of developable area, with an estimated Gross Development Value (GDV) exceeding ₹55,000 crores. This strategic expansion underscores the company’s commitment to growth and its focus on high-quality, strategically located developments in key urban markets.
The company has already reported pre-sales of ₹3,859 crores and customer collections of ₹3,045 crores as of the first nine months of FY26, reflecting robust demand and strong operational momentum. The upcoming projects are expected to significantly contribute to economic activity, generating around 8 million man-days of direct employment annually and supporting over 250 ancillary industries linked to the real estate sector.
Ashish Puravankara, Managing Director of Puravankara Limited, emphasised the company’s foundation built on trust, transparency, and delivery excellence. He stated, “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.”
Mallanna Sasalu, CEO – South of Puravankara Limited, highlighted the company’s clear execution roadmap and its focus on creating integrated communities that cater to evolving customer needs. He added, “This scale of development will create livelihoods, support a wide ecosystem of industries, and contribute meaningfully to urban growth.”
In line with its sustainability commitments, Puravankara has pledged to plant 1 million trees by 2030 under the World Economic Forum’s 1t.org initiative. This initiative will be reinforced through the upcoming Puravankara 10k Run on 29 March 2026, during which 10,000 trees will be planted. The company is also focused on water conservation, green building practices, and environmentally responsible development across its projects.
Puravankara continues to deliver long-term value through high-quality developments, operational excellence, and a steadfast focus on sustainability and stakeholder trust.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Yash Agarwal and reviewed by Markets Desk before publication.