Puravankara Announces Rs 7,000-Cr Investment in New Residential Projects
Puravankara, a leading real estate developer, plans to invest Rs 7,000 crore in new residential projects over the coming years, targeting Rs 15,000 crore in sales. The company aims to capitalize on the strong demand in mid-income and premium housing sectors across key markets including Bengaluru, Chennai, Hyderabad, Pune, and Mumbai.
Real EstateResidential ProjectsPuravankaraInvestmentHousing MarketReal Estate PuneNov 13, 2025
The company is preparing to launch large-scale developments under its brands Puravankara, Provident, and Purva Land, expecting significant growth in FY26 and beyond. Puravankara anticipates rolling out 12–14 million sq. ft. of new projects across 11 developments in cities like Bengaluru, Kochi, and Coimbatore. While 50 percent of its portfolio is concentrated in Bengaluru, the company is eyeing increased contributions from western regions like Mumbai and Pune, projecting a rise to 30–40 percent over the next few years due to premium pricing and redevelopment projects.
Puravankara's strategic focus on mid-income and premium housing sectors aligns with the growing demand for quality living spaces in these markets. The company's robust portfolio and strong brand presence are expected to drive its expansion plans and achieve its sales targets. With a track record of successful project deliveries, Puravankara is well-positioned to capitalize on the real estate market's potential in key Indian cities.
The investment will also focus on sustainable and innovative building practices, ensuring that the new projects meet the highest standards of quality and environmental responsibility. This approach not only enhances the value proposition for buyers but also aligns with the company's commitment to sustainable development.
In summary, Puravankara's Rs 7,000 crore investment in new residential projects is a significant step towards meeting the growing demand for quality housing in key Indian cities. The company's strategic focus on mid-income and premium segments, combined with its strong brand presence and commitment to sustainable development, positions it well for sustained growth and success in the real estate sector.
Frequently Asked Questions
What is Puravankara's investment plan?
Puravankara plans to invest over Rs 7,000 crore in new residential projects over the coming years, targeting Rs 15,000 crore in sales.
Which cities are targeted by Puravankara's new projects?
Puravankara is targeting key markets including Bengaluru, Chennai, Hyderabad, Pune, and Mumbai for its new residential projects.
What brands will Puravankara use for these projects?
Puravankara will launch new projects under its brands Puravankara, Provident, and Purva Land.
How much new project area is Puravankara planning to roll out?
Puravankara anticipates rolling out 12–14 million sq. ft. of new projects across 11 developments in cities like Bengaluru, Kochi, and Coimbatore.
What is Puravankara's focus in terms of housing segments?
Puravankara is focusing on the mid-income and premium housing sectors to capitalize on the strong demand in these markets.
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