NSE:PURVA management interview: Puravankara South CEO on Bengaluru Expansion and Growth Plans
Zee Business, 2026-06-18. Video: https://www.youtube.com/watch?v=ScpUDWin-r0
- Land acquisition pipeline: The company added more than ₹4,200 crore in gross development value (GDV) across three Bengaluru land acquisitions in the first quarter, with project launches scheduled within 9 to 12 months.
- Input cost outlook: Lower crude oil prices and easing geopolitical tensions are expected to relieve pressure on key raw materials like steel and cement, enabling renegotiation of contractor quotes back toward a 5.5% inflation baseline.
- Data center strategy: Puravankara is evaluating the data center sector alongside its 4 million square foot commercial portfolio, focusing primarily on offering commercial land and space rather than directly owning capital- and power-intensive tech operations.
- FY27 operational guidance: Targets for FY27 include ₹11,200 crore in pre-sales across 10.74 million square feet, ₹6,500 crore in collections, the handover of 6,000 units, and ₹20,000 to ₹22,000 crore worth of new launches across five cities.
- Mumbai redevelopment portfolio: The company has 5 redevelopment projects in Mumbai covering 2.67 million square feet with a GDV of ₹10,599 crore, including an Andheri Lokhandwala project that has generated over ₹1,000 crore in sales.