• Project launch pipeline: The company plans to launch 25 projects spanning 14.77 million square feet with an estimated gross development value of ₹24,000 crore across Bengaluru, Mumbai, and other southern cities, while maintaining its FY27 sales guidance.
• Construction cost impact: Labor inflation and rising costs for select materials have driven construction expenses up by 5% to 8%, though management expects to absorb this within normal operations as construction represents roughly 33% of selling prices.
• Debt and expansion: Debt increased by approximately ₹500 crore in Q1 to fund land investments with ₹5,300 crore in gross development value, backed by an overall portfolio of ₹58,000 crore.
• Commercial real estate: Puravankara received an occupancy certificate for its 1.2 million square foot Purva Aero City project in North Bengaluru and is advancing plans for another 1 million square foot commercial development in Hebbal.
• Senior living strategy: Rather than entering hospitality or healthcare operations directly, the company plans to reserve dedicated towers within larger residential developments and partner with specialized service providers.