Puravankara Q2 Sales Jump 62% as Prices Rise 32%

Puravankara Limited said pre-sales in July-September 2026 reached Rs 2,136 crore, up 62% from Rs 1,322 crore a year earlier and up from Rs 1,439 crore in Q1, about 48% higher than the first quarter (our calculation).

Was it volume or price?

Both, but price led. Sales area rose 22% to 1.83 million sq ft, while average price realisation jumped 32% to Rs 11,651 per sq ft. Collections grew 24%. Managing director Ashish Puravankara said the focus is on scaling the business while keeping discipline in pricing, capital use and execution.

How big is the pipeline?

The company added 6.51 million sq ft of developable area with an estimated GDV of Rs 8,900 crore in Q2. For H1, additions total 10.74 million sq ft and Rs 14,100 crore across Bengaluru, Mumbai and Greater Noida.

Anything else?

Puravankara monetised its Purva Zentech commercial asset in the quarter. Shares rose roughly 3% after the announcement.

 

What it tells us

A 32% rise in realisation suggests projects are selling at higher price points, in line with data showing premium homes taking a larger share of demand. It also means that affordability is a risk if rates keep rising.

FAQ

What were Puravankara's Q2 FY27 pre-sales? Rs 2,136 crore, up 62%. How much did prices rise? Average realisation rose 32% to Rs 11,651 per sq ft.