Real estate developer Puravankara reported a sharp rise in Q4 FY2026 sales to ₹3,547 crore, marking a 190% year-on-year increase. The strong quarterly performance contributed to annual sales of ₹7,407 crore, reflecting a 55% growth compared to FY2025.
The surge in sales was supported by new project launches, improved market conditions, and higher buyer interest across key urban markets.
Key Financial Highlights
- Q4 FY2026 Sales: ₹3,547 crore (+190% YoY)
- FY2026 Total Sales: ₹7,407 crore (+55% YoY)
- Q4 Collections: ₹1,213 crore (+36% YoY)
- FY2026 Collections: ₹4,258 crore (+15% YoY)
- Homes Delivered (FY26): 3,747 units
The company also reported an increase in average price realisation by around 21%, indicating stronger pricing power in the residential segment.
Performance Comparison
| Metric | FY2025 | FY2026 |
|---|---|---|
| Sales Value | ₹4,783 crore | ₹7,407 crore |
| Growth | — | +55% |
| Collections | ₹3,711 crore | ₹4,258 crore |
| Avg. Realisation | ₹8,436/sq ft | ₹10,213/sq ft |
Drivers Behind the Growth
Puravankara’s strong performance was driven by:
- New project launches in Bengaluru, Mumbai, Kochi, and Pune
- Resolution of approval-related delays in earlier quarters
- Expansion of project pipeline with 13.6 million sq ft added
- Rising demand for premium and mid-segment housing
The company also launched new phases of existing projects, contributing to improved sales momentum.
Real Estate Market Impact
The performance reflects broader trends in India’s housing market:
- Improved buyer sentiment in urban real estate
- Growth in price realisation across major cities
- Increased demand for branded developers and large-scale projects
The rise in sales and collections suggests continued resilience in the residential segment despite market fluctuations.
Future Pipeline and Expansion Plans
Puravankara has outlined an aggressive growth strategy:
- Plans to launch 30 projects over the next 24 months
- Development pipeline of over 51 million sq ft
- Estimated Gross Development Value (GDV): ₹55,000+ crore
This pipeline is expected to support sustained growth in the coming years.
