• Southeast Bengaluru JDA: Puravankara signed a joint development agreement for a 7.83-acre land parcel with 3.89 million square feet of developable capacity, an expected top line of ₹1,100 crore, and a 35% revenue-share structure.
• Launch pipeline: The company holds a total project portfolio with an estimated top line of ₹58,000 crore and plans to launch ₹24,000 crore worth of projects this year, with Bengaluru accounting for 75% of those launches.
• Pre-sales guidance: Management reiterated strong confidence in achieving its full-year pre-sales guidance of ₹11,200 crore, noting that first-quarter launch delays due to state administrative changes and software upgrades merely postponed sales rather than lost them.
• Debt and deleveraging: Net debt rose by ₹500 crore to ₹2,836 crore to fund business growth, though the upcoming closure of the Zentech commercial project sale is expected to reduce debt by approximately ₹300 crore.