NSE:PURVA management interview: Real Estate Market Heating Up? Puravankara CEO Explains Everything
Zee Business, 2026-05-20. Video: https://www.youtube.com/watch?v=r18SBuj7V8A
- Annual operational performance: Puravankara closed the year with ₹7,410 crore in sales, ₹4,260 crore in collections, and ₹3,850 crore in recognized revenue, with profit margins expanding from 6% to 20%.
- Geographic revenue mix: Bengaluru generates 58% of the business, followed by Mumbai at 21%, Chennai at 9%, Pune at 6%, and Kochi at 5%, with Mumbai and Pune expected to grow at a faster pace.
- Mumbai redevelopment focus: The company is actively pursuing greenfield developments and currently executing five redevelopment schemes across prime locations such as Cuffe Parade, Pali Hills, Chembur, Breach Candy, and Lokhandwala.
- NRI demand outlook: Non-resident Indian sales have seen no slowdown despite geopolitical tensions in the Middle East, with domestic property demand expected to stay resilient due to currency depreciation, though management will monitor developments over the next one to two months.
- Sales and launch guidance: Following ₹15,000 crore in gross development value (GDV) added last year, the company plans to launch ₹24,000 crore of GDV projects across India to target ₹11,200 crore in sales, representing a 48% growth.