NSE:PURVA management interview: Puravankara Eyes ₹55,000 Cr GDV Pipeline As FY27 Execution Outlook Strengthens | Business News
ET Now, 2026-06-02. Video: https://www.youtube.com/watch?v=NlIKP_SHyTM
- GDV expansion plans: Puravankara's total gross development value (GDV) currently stands at ₹55,000 crore following recent project closures of ₹1,100 crore and ₹2,300 crore in Bengaluru. The company plans to bring ₹20,000–₹24,000 crore of GDV to market this year and aims to add another ₹15,000–₹20,000 crore through new acquisitions.
- Sales and execution targets: The company has set a sales guidance of approximately ₹11,000 crore for the year. Execution and project handovers are expected to grow by at least 25% over the ₹4,000 crore recognized in the previous year.
- Demand and pricing trends: Housing demand remains steady in the ₹1 crore to ₹2.20 crore price band with no signs of a slowdown. However, buyer sentiment for luxury units priced above ₹3 crore has adopted a more cautious wait-and-watch approach.
- Cost and labor headwinds: Margins face minor compression risks from rising commodity prices tied to crude oil alongside a temporary 20% labor shortage on sites. The company is mitigating these supply-side pressures through increased site mechanization and contingency buffers.