NRI property interest surges as Puravankara Limited reports a 60% spike in Middle East enquiries.

Puravankara Group has initiated a significant joint development on a four-acre land parcel on Bengaluru's Hennur Road, projecting a gross development value exceeding ₹1,300 crore. This move reinforces the developer's focus on asset-light expansion in key growth corridors, with sales launch anticipated within one year.

Puravankara Limited has secured a significant 4-acre land parcel on Bengaluru's rapidly appreciating Hennur Road via a joint development agreement. The project targets a Gross Development Value exceeding ₹1,300 crore, underscoring the developer's aggressive expansion strategy in premium South Indian residential hubs.

MHADA has agreed to pay ₹200 crore to reclaim three disputed plots linked to the ₹1,039 crore Patra Chawl redevelopment scam in Siddharth Nagar, Goregaon West, ending a 15-year wait for displaced families.

Jaipur-based Shubhashish Homes, the real estate arm of JK Jajoo Ventures, recorded over ₹250 crore in pre-sales during H1 FY26, exceeding its entire FY25 performance of ₹211 crore. Strong demand in flagship projects and ahead-of-schedule deliveries position the developer favorably toward its ₹400 cr

National Stock Exchange Managing Director Ashishkumar Manilal Chauhan has purchased a luxury apartment at Lodha World Towers in Worli, Mumbai, for approximately ₹10 crore, reinforcing confidence in the city's premium real estate market.

Purevankara outperformed itself in 2024, selling Rs 5,914 crores, up 90% from Rs 3,107 crores in FY23. Customer collections increased by 60% to Rs 3,609 crores from Rs 2,258 crores last year.