NEW DELHI: Puravankara has announced pre-sales of ₹1,322 crore for Q2 FY26, reflecting a four percent increase from ₹1,270 crore in Q2 FY25.
The average price realization rose by seven percent year-on-year, reaching ₹8,814 per sq ft in Q2 FY26. Additionally, customer collections for the quarter surged by eight percent year-on-year, amounting to ₹1,047 crore.
Ashish Puravankara, the company’s managing director, stated, “In Q2 FY26, we maintained our growth momentum, primarily through sustained sales, achieving pre-sales of ₹1,322 crores and collections of ₹1,047 crores, both with year-on-year improvements.”
In the first half of FY26, the company added over 6.36 million sq ft of potential developable space with an estimated gross development value (GDV) around ₹9,100 crore, including acquisitions in Mumbai and Bengaluru.
For H1 FY26, pre-sales stood at ₹2,445 crore, as compared to ₹2,349 crore in H1 FY25, with sales volume reaching 2.75 million sq ft. The average realization was ₹8,891 per sq ft, while customer collections from the real estate segment totaled ₹1,904 crore (up by 1% year-on-year).
The company partnered with KVN Property Holdings LLP for a 24.59-acre land parcel featuring a 3.48 million sq ft developable area and a potential GDV exceeding ₹3,300 crore.
They were selected as the preferred developer for redeveloping eight residential societies, unlocking over 1.2 million sq ft of development potential on four acres, estimated with a GDV of ₹2,100 crore.
Additionally, the company engaged in a joint development for a 5.5-acre parcel, projected to have a GDV of over ₹1,000 crore.
Through its wholly-owned subsidiary, Puravankara secured a redevelopment project with a GDV potential of ₹2,700 crore, offering 0.7 million sq ft of premium development across 1.43 acres.
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