Puravankara Limited Reports Robust Growth in Real Estate Pre-Sales for Q2 FY26
Puravankara Limited, a leading real estate developer in India, has reported a 4% increase in pre-sales to Rs 1,322 crores for the second quarter of fiscal year 2026, driven by significant projects in Mumbai and Bengaluru.
Real EstatePresalesPuravankara LimitedMumbaiBengaluruReal Estate MumbaiOct 10, 2025
Managing Director Ashish Puravankara highlighted the strong performance, attributing it to sustained trust from customers and the robust strength of the brand in various markets. The first half of FY26 saw the company expanding its developable area by over 6.36 million square feet, including notable projects in Mumbai and Bengaluru.
The real estate sector has shown renewed momentum, with the Reserve Bank of India increasing its growth projection for FY26 to 6.8%. This optimism is driven by strong domestic demand, positioning Puravankara well to capitalize on the positive market conditions.
Puravankara Limited, founded in 1986, has a strong presence in major Indian cities, including Bengaluru, Mumbai, and Chennai. The company is known for its high-quality residential and commercial projects, which have earned it a reputation for reliability and innovation in the real estate market. The recent growth in pre-sales and expansion in key markets further solidify Puravankara's position as a leader in the industry.
With a focus on sustainable development and customer satisfaction, Puravankara has been able to navigate the challenges of the real estate market and continue to grow. The company's strategic expansion and strong financial performance are expected to continue in the coming quarters, driven by ongoing economic growth and increasing demand for high-quality housing and commercial spaces.
Puravankara's success in Q2 FY26 is a testament to its strategic vision and the trust placed in the brand by its customers. As the real estate market continues to evolve, the company remains committed to delivering exceptional value and maintaining its leadership position in the industry.
Frequently Asked Questions
What is Puravankara Limited's performance in Q2 FY26?
Puravankara Limited reported a 4% increase in pre-sales to Rs 1,322 crores and a 7% improvement in average price realisation for the second quarter of fiscal year 2026.
How much has Puravankara Limited expanded its developable area in the first half of FY26?
Puravankara Limited has expanded its developable area by over 6.36 million square feet in the first half of FY26, including significant projects in Mumbai and Bengaluru.
What is the Reserve Bank of India's growth projection for FY26?
The Reserve Bank of India has increased its growth projection for FY26 to 6.8%, driven by strong domestic demand.
What is Puravankara Limited known for in the real estate market?
Puravankara Limited is known for its high-quality residential and commercial projects, reliability, and innovation in the real estate market, with a strong presence in major Indian cities.
What factors are contributing to Puravankara Limited's success?
Puravankara Limited's success is attributed to sustained trust from customers, robust brand strength, strategic expansion, and a focus on sustainable development and customer satisfaction.
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