• NRI sales outlook: Non-resident Indians currently account for approximately 12% of total sales, and Puravankara expects Middle East geopolitical uncertainties to encourage younger NRIs to invest in Indian residential properties, supporting developments like its large upcoming project in Kochi.
• Raw material impact: Recent volatility in crude oil prices is expected to create minor input and transportation cost pressures, but management stated it will not trigger operational cuts or slow down ongoing construction.
• Data center expansion: Holding a commercial portfolio of around 2.5 million square feet in Bangalore, the company is exploring entry into the data center market to capitalize on domestic data sovereignty regulations.
• Property price trajectory: Real estate price appreciation is projected to moderate compared to the sharp increases seen between 2022 and 2024, but prices are expected to hold steady and continue growing slightly ahead of inflation.