Puravankara plans to invest up to Rs 2,000 crore in FY27 as it expands launches across southern India and Mumbai amid stable housing demand
In the March quarter (Q4FY26), Purvankara reported a net profit of ₹110 crore, as compared to a net loss of ₹88 crore a year ago
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Developer plans 30 projects across South India and Mumbai, while exploring a foray into data centres as demand from Gulf-based buyers rises amid global uncertainties
Puravankara has signed a joint development agreement for a 4-acre land parcel on Hennur Road, Bengaluru, adding a project with an estimated GDV of over ₹1,300 crore to its growth pipeline
The 356-unit project in Hebbagodi, Electronic City, features large-format 3-5 BHK homes, a 17,700 sq ft clubhouse and over 45 lifestyle amenities across an elevated podium
This single quarter's performance has meaningfully offset a large part of the cumulative losses recorded in the previous two quarters, Puravankara said