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Puravankara

Puravankara leases 120,000 sq ft retail space to IKEA in Bengaluru

Realty firm Puravankara Ltd has given on lease around 1.2 lakh sq ft retail space to Swedish furniture retailer IKEA in Bengaluru. In a regulatory filing on Monday, the company informed that it has signed an Agreement to Lease (ATL) with IKEA India for leasing of two floors of retail space at the Purva Zentech Park, located on Kanakapura Road, Bengaluru. The project is a mixed-use commercial development with about 9.6 lakh square feet of leasable and saleable area. The project is currently under construction and is slated for completion by early 2026. IKEA India will occupy retail space of more than 1.2 lakh square feet of leasable area across two floors, it said. Real estate consultant Colliers' office services team was the advisor on this transaction. As of September 30, 2025, Puravankara has completed 93 projects totalling 55 million sq ft across nine citiesBengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa.

Puravankara leases 120,000 sq ft retail space to IKEA in Bengaluru
Updated On : 17 Nov 2025 | 8:05 PM IST

Puravankara shares zoom 7% as arm bags Malabar Hill redevelopment project

At 10:45 AM, Puravankara share was trading 2.08 per cent higher at ₹292.25. In comparison, BSE Sensex was trading 0.42 per cent higher at 80,704.82 levels.

Puravankara shares zoom 7% as arm bags Malabar Hill redevelopment project
Updated On : 02 Sep 2025 | 11:07 AM IST

Puravankara slips 5% after posting ₹68 crore Q1 loss; check details here

Puravankara shares logged their steepest intraday fall since June after reporting a loss of ₹68 crore in Q1FY26

Puravankara slips 5% after posting ₹68 crore Q1 loss; check details here
Updated On : 11 Aug 2025 | 12:55 PM IST

Puravankara posts ₹68.55 crore net loss in Q1FY26, revenue down 20%

Lower handovers and sales due to regulatory changes drag Puravankara into the red in Q1FY26 as revenue declines 20.3 per cent and net loss widens to Rs 68.55 crore

Puravankara posts ₹68.55 crore net loss in Q1FY26, revenue down 20%
Updated On : 08 Aug 2025 | 8:06 PM IST

Puravankara Q1 sales bookings rise 6% to ₹1,124 crore due to higher prices

Realty firm Puravankara Ltd's sales bookings rose per cent to Rs 1,124 crore in the first quarter of this fiscal year on higher price realisation. In a regulatory filing on Friday, the company said it achieved sales value of Rs 1,124 crore for April-June quarter as against Rs 1,064 crore in the year-ago period. Sales volume dipped to 1.25 million sq ft from 1.29 million sq ft. However, the average price realisation increased to Rs 8,988 per sq ft from Rs 8,246 per sq ft. Puravankara has completed more than 90 projects measuring around 53 million sq ft across nine cities -- Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company has a land bank of 25 million sq ft and ongoing projects add up to 37 million sq ft.

Puravankara Q1 sales bookings rise 6% to ₹1,124 crore due to higher prices
Updated On : 11 Jul 2025 | 5:52 PM IST

Puravankara inks ₹1,000-cr JDA for housing project in East Bengaluru

The 5.5-acre joint development in Balagere will offer 0.83 mn sq ft for sale and is part of Puravankara's strategy to grow in high-demand Bengaluru micro-markets

Puravankara inks ₹1,000-cr JDA for housing project in East Bengaluru
Updated On : 10 Jul 2025 | 12:33 PM IST

Realty co's shares rose 4% on bagging redevelopment project of 8 societies

Puravankara share price gained 4 per cent in trade, logging an intraday high at ₹299.7 per share after securing a redevelopment project of eight residential societies in Chembur, Mumbai

Realty co's shares rose 4% on bagging redevelopment project of 8 societies
Updated On : 09 Jul 2025 | 9:46 AM IST

Puravankara shares jump 7% on ₹2,100 crore redevelopment project

Puravankara shares 7 per cent after it bagged projects to redevelop eight societies in Mumbai, with a GDV of ₹2,100 crore

Puravankara shares jump 7% on ₹2,100 crore redevelopment project
Updated On : 07 Jul 2025 | 12:10 PM IST

Purvankara share price zooms over 7% as subsidiary bags deal worth ₹272 cr

Puravankara share zoomed after its wholly-owned subsidiary, Starworth Infrastructure & Construction, secured a letter of intent (LoI) worth a little over ₹272 crore from TRU Dwellings Private Limited.

Purvankara share price zooms over 7% as subsidiary bags deal worth ₹272 cr
Updated On : 19 Jun 2025 | 10:48 AM IST

Puravankara, Sobha, Brigade, DLF soar up to 10%; What's driving the rally?

At 01:18 PM; Nifty Realty index, led by Puravankara and Sobha, was up 2.2 per cent, as compared to a 0.7 per cent rise in the Nifty50.

Puravankara, Sobha, Brigade, DLF soar up to 10%; What's driving the rally?
Updated On : 05 Jun 2025 | 2:32 PM IST

Puravankara's consolidated net loss widens to Rs 88 crore in Q4FY25

Q4 loss surges as revenue dips 40%, costs and inventory jump; FY25 ends with Rs 183 crore net loss despite strong pre-sales, robust collections and higher operating cash flows

Puravankara's consolidated net loss widens to Rs 88 crore in Q4FY25
Updated On : 30 May 2025 | 8:57 PM IST

Here's why Puravankara share price soared 10% on May 12; details

The uptick in Puravankara share price came after the company announced a joint venture (JV) with KVN Property Holdings LLP, to develop a 24.59-acre land parcel in North Bengaluru.

Here's why Puravankara share price soared 10% on May 12; details
Updated On : 12 May 2025 | 9:46 AM IST

Real estate major Puravankara Group's CEO Abhishek Kapoor steps down

Abhishek Kapoor resigns as CEO of Puravankara; group signs JV for 24.59-acre land in North Bengaluru with 3.48 mn sq ft saleable area and ₹3,000 crore development value

Real estate major Puravankara Group's CEO Abhishek Kapoor steps down
Updated On : 09 May 2025 | 9:04 PM IST

Puravankara's sales bookings rise 2% to Rs 1,265 cr in December quarter

Real estate company Puravankara Ltd on Monday reported a 2 per cent increase in its sales bookings to Rs 1,265 crore for the latest December quarter on high demand for homes during festivals. Its sales bookings stood at Rs 1,241 crore in the year-ago period. Puravankara Managing Director Ashish Puravankara said, "The growth in collections is a clear reflection of our strong operational efficiency. In the first nine months of this fiscal, we achieved collections of Rs 2,991 crore, a 19 per cent year-on-year increase". "Keeping in line with our acquisition strategy and our growth plans for the current and next financial year, we have invested approximately Rs 1,100 crore this fiscal, adding a potential GDV of around Rs 10,500 crore," he added. Bengaluru-based Puravankara Ltd is one of the leading real estate developers in the country.

Puravankara's sales bookings rise 2% to Rs 1,265 cr in December quarter
Updated On : 13 Jan 2025 | 9:25 PM IST

Puravankara stock rises 3% as arm launches residential project in Chennai

The rise in Puravankara scrip came after the company announced that its arm, Provident Housing Limited, will launch its latest residential project, Provident Bayscape, in Chennai, on Saturday, Nov 23

Puravankara stock rises 3% as arm launches residential project in Chennai
Updated On : 22 Nov 2024 | 1:28 PM IST

Puravankara bookings fall 17% to Rs 1,331 cr despite strong housing demand

Realty firm Puravankara Ltd's sale bookings fell 17 per cent to Rs 1,331 crore in the second quarter of this fiscal year despite strong housing demand. Its sale bookings stood at Rs 1,600 crore in the year-ago period. The company sold properties worth Rs 2,459 crore during the first six months of this fiscal year, down from Rs 2,725 crore in the corresponding period of the previous year. "In Q2FY25, we have achieved collections of Rs 1,033 crore and pre-sales of Rs 1,331 crore mostly from sustenance sales. Our performance continues to reflect robust housing demand across key markets, driven by our strategic focus on customer-centric offerings and operational efficiencies," Ashish Puravankara, Managing Director of Puravankara Ltd, said. In the first half of the fiscal, he said the company witnessed sustained traction across its portfolio and continued to replenish land bank by acquiring over 5.75 million square feet of saleable area in Mumbai, Bengaluru and Goa with a total potentia

Puravankara bookings fall 17% to Rs 1,331 cr despite strong housing demand
Updated On : 10 Oct 2024 | 4:59 PM IST

Here's why Puravankara share price hit 5% upper circuit on Sept 13; details

The stock's rally was fuelled by the company's announcement of securing redevelopment rights of Miami Apartments at Breach Candy, South Mumbai.

Here's why Puravankara share price hit 5% upper circuit on Sept 13; details
Updated On : 13 Sep 2024 | 9:53 AM IST

Puravankara hits 52-week high on acquiring 7-acre land parcel in Bengaluru

The uptick in stock price came after the company announced that it has acquired a 7-acre land parcel in Hebbagodi, Bengaluru

Puravankara hits 52-week high on acquiring 7-acre land parcel in Bengaluru
Updated On : 03 Jul 2024 | 9:51 AM IST

Adani Ports, Zydus Life, Paytm, Zomato among 11 stocks to track on June 18

On the previous day, US markets settled higher, with Nasdaq and S&P 500 reaching record highs

Adani Ports, Zydus Life, Paytm, Zomato among 11 stocks to track on June 18
Updated On : 18 Jun 2024 | 7:23 AM IST

Puravankara hits 52-week high as board approves fund raise of Rs 1000 cr

Shares of real estate firm Puravankara reached their 52 week high at Rs 449 per share, rising 3.2 per cent on the BSE in Friday's early morning trades

Puravankara hits 52-week high as board approves fund raise of Rs 1000 cr
Updated On : 14 Jun 2024 | 10:23 AM IST