Puravankara Plans 30 Projects in South India, Mumbai in Next 2 Years, Rs 55,000 crores GDV

New Delhi, March 25, 2026:

Puravankara Limited, on Monday 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 Rs 55,000 crores. 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, the company said.

The company has reported pre-sales of Rs 3,859 crores and customer collections of Rs3,045 crores for 9MFY26.

Ashish Puravankara, Managing Director, Puravankara Limited, 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 micromarkets, and delivering long-term value to our customers and stakeholders. This pipeline reflects not just our growth ambitions, but also our confidence in India’s structural housing demand and the opportunities emerging across urban markets.”

Mallanna Sasalu, CEO – South, Puravankara Limited, added, “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. At the same time, we recognise the broader role we play in the economy. This scale of development will create livelihoods, support a wide ecosystem of industries, and contribute meaningfully to urban growth. Our sustainability initiatives, including our afforestation pledge and focus on resource efficiency, are integral to how we build for the future.

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