Puravankara Limited has informed the Exchange regarding a press release dated March 25, 2026, titled " Puravankara unveils portfolio of 30 projects across South India andMumbai with a GDV of over Rs 55,000 crores in the next 24 months".
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Puravankara Limited has announced plans to launch 30 real estate projects over the next 24 months, mainly across South India and Mumbai, covering about 51.14 million sq. ft. of developable area with an estimated Gross Development Value (GDV) of over Rs 55,000 crores. Many of these projects are already in the approval stage, with the rest in design phase. The company reported pre-sales of Rs 3,859 crores and customer collections of Rs 3,045 crores for 9MFY26, reflecting strong operating momentum. The pipeline is expected to generate around 8 million man-days of direct employment annually and support over 250 ancillary industries. As part of its Golden Jubilee year, Puravankara also reaffirmed its commitment to plant 1 million trees by 2030 under the World Economic Forum's 1t.org initiative.
This is a significant forward-looking growth announcement, signaling a major step-up in Puravankara's expansion plans with a large project pipeline well above its current annual run-rate. The news is likely to be viewed positively by investors as it demonstrates strong growth visibility, though execution and approvals will be key watchpoints.