Common realisation rose 7% to Rs 8,814 per sq. ft., whereas buyer collections elevated 8% to Rs 1,047 crore. The quarter closed with a internet lack of Rs 42 crore.
Ashish Puravankara, Managing Director, Puravankara Restricted, stated, “In Q2FY26, we sustained robust development momentum pushed solely by sustenance gross sales, reaching pre-sales of Rs 1,322 crores and collections of Rs 1,047 crores, each growing 12 months on 12 months. Within the first half of the 12 months, we strengthened our growth pipeline by including over 6.36 million sq. ft. of potential developable space with an estimated GDV of Rs 9,100 crore. This contains two marquee redevelopment tasks in Mumbai at Chembur and Malabar Hill, and strategic partnerships in North and East Bengaluru, reflecting our deal with increasing in high-demand micro-markets via disciplined capital allocation.
“With regulatory readability now in place following the current bye-law revisions, we’re poised to speed up our launch pipeline of 12.67 million sq. ft over the following 3 quarters, together with a landmark undertaking in Bengaluru spanning 3.48 million sq. ft at KIADB {Hardware} Park and a redevelopment undertaking in Andheri Lokhandwala, each scheduled for launch in January 2026. Most of our upcoming tasks are within the ultimate phases of approval, positioning us effectively to ship on our development plans. Whereas handovers and gross sales within the first half have been marginally impacted by regulatory transitions akin to e-Khata implementation and bye-law adjustments, we stay assured of reaching our focused handovers within the subsequent two quarters via centered execution and robust operational preparedness,” he stated.
Throughout Q2FY26, Puravankara bought 1.5 million sq. ft. with whole gross sales worth of Rs 1,322 crore and realised Rs 8,814 per sq. ft. Collections stood at Rs 1,047 crore. In H1FY26, the corporate bought 2.75 million sq. ft. price Rs 2,445 crore with common realisation of Rs 8,891 per sq. ft. and collections of Rs 1,904 crore.
For the primary half of FY26, Puravankara reported consolidated income of Rs 1,201 crore and a internet lack of Rs 111 crore. Through the quarter, the corporate handed over 663 items overlaying 0.67 million sq. ft., whereas in H1FY26, handovers totalled 1,330 items throughout 1.36 million sq. ft.As of September 30, 2025, the corporate estimated whole surplus from accomplished and ongoing tasks at Rs 7,679 crore, from industrial tasks at Rs 2,008 crore, and from pipeline tasks at Rs 5,881 crore. The mixed estimated surplus stood at Rs 15,568 crore, towards which the online debt was Rs 2,894 crore, giving a canopy of over 5x. The weighted common price of debt lowered to 11.32%, with a internet debt-to-equity ratio of 1.77.In H1FY26, the corporate added 6.36 million sq. ft. of latest developments with a possible GDV exceeding Rs 9,100 crore. Key additions included a 24.59-acre web site at KIADB {Hardware} Park, North Bengaluru, with 3.48 million sq. ft. of developable space (GDV over Rs 3,300 crore); a joint growth in Balegere, East Bengaluru, with 0.85 million sq. ft. (GDV over Rs 1,000 crore); and two redevelopment tasks in Mumbai—Chembur (1.28 million sq. ft., GDV Rs 2,100 crore) and Malabar Hill (0.75 million sq. ft., GDV Rs 2,700 crore).
India’s macroeconomic atmosphere stays supportive, with GDP development of seven.8% in Q1FY26 and the IMF projecting 6.4% for the total 12 months. The RBI’s 100 foundation level charge reduce to five.5% and capital inflows of USD 1.5 billion in Q2 replicate investor confidence. Actual property demand continues throughout key segments, led by places of work and knowledge centres, whereas residential gross sales and costs have grown 5–10% in main metros akin to NCR, Bengaluru, and Chennai.
Puravankara stated it’s positioned to leverage the sector’s development momentum via new launches and disciplined undertaking execution.
The corporate has accomplished 93 tasks overlaying about 55 million sq. ft. throughout 9 cities together with Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. Its present land financial institution is about 32 million sq. ft., with 34 million sq. ft. of ongoing tasks.
