Bangalore real estate major Puravankara posted a ₹6.7 crore net loss in Q1 FY26 despite achieving 6% pre-sales growth, as revenue declined 20% amid rising operational costs.

Puravankara unveils massive 15 million sq ft development pipeline worth ₹18,000 crore, with Kochi project leading South India expansion strategy.

Puravankara acquires redevelopment rights for 8 housing societies in Mumbai's Chembur spanning 4 acres with ₹2,100 crore GDV. The project adds 1.2 million sq ft to developer's western region portfolio, marking second venture in Chembur micro-market after successful greenfield project response.

Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.

In 2023, Bengaluru-based real estate firm Puravankara Ltd intends to launch new projects comprising over 15 million square feet in Bengaluru, Chennai, Kochi, and Coimbatore, with a three-year revenue goal of Rs 18,000 crore.