Puravankara adds ₹8,900 crore development pipeline across three markets in Q2 FY27

Three opportunities make up the Q2 additions

On October 13, 2026, Puravankara reported three business-development additions for Q2 FY27. They comprise a joint-development opportunity on 7.83 acres in South-East Bengaluru, redevelopment rights for three residential societies across 4.68 acres in Goregaon West, Mumbai, and a 13.44-acre land parcel in Greater Noida, Delhi-NCR.

The reported development potential across the three opportunities totals 6.51 million sq ft, and their estimated GDVs total ₹8,900 crore.

Pipeline figures are not launch or sales figures

The Q2 additions expand Puravankara’s reported development pipeline across Bengaluru, Mumbai and Greater Noida. They describe development opportunities, not completed homes or projects already offered for sale. As of October 2026, the report gives no project-level launch dates, unit counts, prices, RERA registrations or booking status for these opportunities.

For home buyers, the reported pipeline is an indication of potential future development, not a current purchase opportunity or a confirmed delivery schedule. For investors, the GDV estimates describe the stated gross development value of the opportunities; they are not reported as revenue, cash collected or profit.

Management points to launches, sales and cash flows

Ashish Puravankara, Managing Director of Puravankara Limited, said the company had selected opportunities offering scale and long-term value, while remaining selective in capital deployment and focused on execution. He said the priority was to convert the development potential into launches, sales and cash flows. As of October 2026, no dated project-level next steps were reported.

The company also reported Q2 FY27 pre-sales of ₹2,136 crore, up 62% year on year from ₹1,322 crore in Q2 FY26. Customer collections rose 24% to ₹1,301 crore, sales area increased 22% to 1.83 million sq ft, and average sales realisation rose 32% to ₹11,651 per sq ft. For H1 FY27, Puravankara reported pre-sales of ₹3,575 crore and collections of ₹2,500 crore.

Separately, the company said it launched Westend and Equinox 6 in Bengaluru and Miami in Mumbai during Q2 FY27, with a combined developable area of 1.00 million sq ft. It handed over 977 homes during the quarter, covering 0.97 million sq ft; H1 FY27 handovers totalled 1,722 homes across 1.92 million sq ft.

H1 pipeline additions reached ₹14,100 crore in estimated GDV

Including the Q2 additions, Puravankara reported H1 FY27 pipeline additions of 10.74 million sq ft with estimated GDV of ₹14,100 crore across Bengaluru, Mumbai and Greater Noida. The Q1 additions reported alongside the update included opportunities in Mandur, Doddagubbi, Sanna Ammanikere and Sarjapura in Bengaluru.

As of October 2026, the company’s stated next priority for the new development potential is conversion into launches, sales and cash flows. No launch timetable was reported for the three Q2 opportunities.