Puravankara Ltd announced on Wednesday a portfolio of 30 projects to be launched over the next 24 months, spanning south India and Mumbai, with a combined gross development value (GDV) exceeding ₹55,000 crore. The stock responded sharply, closing 5.55 per cent higher at ₹181.69 on the NSE, touching an intraday high of ₹187.
The planned pipeline covers nearly 51.14 million sq ft of developable area. The company said a significant number of the 30 projects are already in the approvals stage, with the remainder in design and set for approvals shortly.
Managing Director Ashish Puravankara framed the announcement as the company’s “next leap”, citing stronger organisational capabilities and confidence in India’s structural housing demand. CEO - South, Mallanna Sasalu, described the projects as “integrated communities” rather than standalone developments.
For the nine months ended December 2025 (9M FY26), the Bengaluru-headquartered developer reported pre-sales of ₹3,859 crore and customer collections of ₹3,045 crore. The company said the pipeline is expected to generate approximately 8 million man-days of direct employment annually and support over 250 ancillary industries.
10k run
Puravankara also used the announcement to reinforce its sustainability agenda. The company, in its Golden Jubilee year, reiterated a pledge to plant one million trees by 2030 under the World Economic Forum’s 1t.org initiative. A 10k run on March 29, 2026 will accompany the planting of 10,000 trees.
As of December 31, 2025, the company has completed over 93 projects totalling approximately 56 million sq ft across nine cities. Its total land bank stands at roughly 38 million sq ft, with ongoing projects at 34 million sq ft.
Published on March 25, 2026