Bengaluru-based real estate major Puravankara Limited has completed 50 successful years in the Indian real estate sector and unveiled an ambitious ₹18,000 crore expansion plan. The company plans to launch about 15 million sq ft of new projects across nine Indian cities over the next 12 to 15 months, marking a major milestone in its growth journey.
According to the company, the new launches will include both residential and mixed-use developments across key markets such as Bengaluru, Mumbai, Pune, Hyderabad, and Chennai. A significant part of the expansion will focus on redevelopment projects in Mumbai, while Bengaluru will see new land acquisitions and large-scale developments.
Puravankara currently has an under-construction pipeline of 34 million sq ft and holds a land bank of over 32 million sq ft, ensuring long-term visibility for its projects. Founded in 1975, the company has delivered more than 55 million sq ft across its portfolio over the last five decades, evolving from a regional developer to one of India’s leading real estate brands.
The developer’s focus remains on digitisation, customer-centricity, and operational efficiency. Puravankara’s total investment pipeline stands at over ₹21,500 crore, with a net debt of ₹2,894 crore and projected surplus cash flows exceeding ₹15,000 crore in the coming years.
By strengthening its presence across major real estate hubs and emerging markets, Puravankara aims to capture India’s growing housing demand while maintaining its focus on timely delivery and strong governance. The company’s 50-year journey reflects its consistent adaptability to market trends and its long-term commitment to quality and innovation in real estate development.
With the upcoming expansion, Puravankara looks to reinforce its leadership position in India’s real estate market and continue building sustainable, future-ready communities for the next generation of homebuyers.
Puravankara is coming up with a new launch called Purva Codename Bliss in Electronic City, Bengaluru.
Also Read: Global Companies Expand Presence in Bengaluru with New Offices Across Key Hubs
