Puravankara plans 30 launches worth Rs 35,636 cr

Key announcement and why it matters

Puravankara Ltd said it plans to launch around 30 housing projects over the next 24-30 months, mainly across South and West India, with an estimated revenue potential of Rs 35,636 crore. The Bengaluru-based developer linked the plan to rising demand for residential properties, particularly for established brands with execution track records. The company also has 26 ongoing housing projects where units worth Rs 19,742 crore are currently under sale. The combination of under-sale inventory and a large launch pipeline provides a clearer view of Puravankara’s near-term business scale.

Launch pipeline: 30 projects over 24-30 months

At a press conference, Ashish Puravankara, Managing Director of Puravankara Ltd, said the company is bullish on housing demand, especially for bigger branded developers that execute projects on time. The company’s stated plan is to add supply through launches spread over the next two to two-and-a-half years. The estimated revenue figure of Rs 35,636 crore relates to the planned project launches, and sits alongside the ongoing under-sale portfolio.

Ongoing projects and under-sale inventory

Puravankara said it has 26 ongoing housing projects with units worth Rs 19,742 crore under sale. This under-sale base is significant because it reflects inventory already in the market, where cash flows are typically driven by customer collections tied to construction milestones. The company’s disclosure helps investors and homebuyers track the scale of active execution alongside new launches.

Funding plan: customer advances to fund construction

The company said the total construction cost to develop its under-sale inventories and upcoming projects would be around Rs 18,000 crore. It also said this cost would be largely met through advances from customers against sales. This indicates a funding approach that leans on project cash flows rather than only external financing, aligning with how many residential developers manage capital needs during peak execution.

Execution track record and operating footprint

As of December 31, 2025, Puravankara said it has completed 93 projects measuring 56 million sq ft across nine cities. These cities are Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company also disclosed a total land bank of 38 million sq ft, while its ongoing projects add up to 34 million sq ft. Together, these figures outline the developer’s scale across both completed and active developments.

Quarterly sales bookings: Q3 update

In a regulatory filing dated January 14 (PTI), Puravankara reported a 17% increase in sales bookings to Rs 1,414 crore in the third quarter of the fiscal, up from Rs 1,209 crore in the year-ago period. It also reported that sales bookings by area rose 4% to 1.49 million sq ft from 1.43 million sq ft. The company attributed the improvement to better demand for its residential properties.

Q2 and Q1 pre-sales: FY26 trend

For Q2 of FY26 (July-September 2025), the company reported a 4% rise in sales bookings to Rs 1,322 crore from Rs 1,270 crore a year earlier. For the April-September period of FY26, sales bookings rose to Rs 2,445 crore from Rs 2,349 crore in the corresponding period of the preceding year. Separately, the company also reported pre-sales of Rs 1,124 crore in Q1FY26, a 6% year-on-year rise versus Rs 1,064 crore in Q1FY25.

Nine-month performance: steady growth

Puravankara said its sales bookings for the first nine months of the fiscal rose 9% to Rs 3,859 crore from Rs 3,543 crore in the corresponding period of the preceding year. This nine-month figure provides a broader view beyond quarter-to-quarter changes, particularly as the company prepares for a sizable launch pipeline.

Snapshot table: pipeline, inventory, and cost

Sales bookings table: recent reported periods

What investors will track next

Puravankara’s disclosures combine three decision-relevant elements: the size of planned launches, the scale of inventory already under sale, and the intended funding route for construction. With launches planned over 24-30 months, updates on project starts, sales velocity, and collections will remain central to assessing execution. The company’s next filings and launch-by-launch details will determine how quickly the planned pipeline translates into booked sales and construction progress.