Bengaluru, Karnataka – October 10, 2025: Puravankara Limited (NSE: PURVA | BSE: 532891), a leading name in India's real estate sector, announced robust pre-sales of Rs 1,322 crore in Q2 FY26, reflecting a 4% year-on-year increase. The company also reported an 8% growth in customer collections for the quarter, reaching Rs 1,047 crore. Average price realization improved by 7% compared to the same period last year. Ashish Puravankara, Managing Director of Puravankara Limited, stated, "In Q2 FY26, we sustained our growth trajectory driven by strong sustenance sales, achieving pre-sales of Rs 1,322 crore and collections of Rs 1,047 crore, both showing solid year-on-year improvement. This underscores the continued trust our customers place in us and the strength of our brand across key markets." During the first half of FY26, Puravankara made significant strides in portfolio expansion by acquiring over 6.36 million square feet of potential developable area with an estimated Gross Development Value (GDV) of approximately Rs 9,100 crore. Key acquisitions include marquee projects in Mumbai and Bengaluru such as Malabar Hill and Chembur redevelopment, alongside large-scale partnerships in North and East Bengaluru. The company remains focused on disciplined execution and value creation through strategic expansions in high-demand micro-markets. Key Financial Highlights: - Q2 FY26 pre-sales at Rs 1,322 crore, up 4% YoY from Rs 1,270 crore in Q2 FY25 - H1 FY26 pre-sales reached Rs 2,445 crore, up 4% YoY from Rs 2,349 crore in H1 FY25 - Sales volume stood at 1.50 million sq ft in Q2 FY26 and 2.75 million sq ft in H1 FY26 - Average realization increased to Rs 8,814 per sq ft in Q2 FY26 (up 7% YoY) and Rs 8,891 per sq ft in H1 FY26 (up 8% YoY) Customer Collections: - Q2 FY26 collections grew 8% YoY to Rs 1,047 crore - H1 FY26 collections rose 1% YoY to Rs 1,904 crore Business Development Highlights (H1 FY26): - KIADB Hardware Park, North Bengaluru: Partnered with KVN Property Holdings LLP for a 24.59-acre land parcel offering 3.48 million sq ft developable area with a potential GDV exceeding Rs 3,300 crore. - Chembur, Mumbai: Designated as the preferred developer for redeveloping eight residential societies, unlocking over 1.2 million sq ft across ~4 acres, estimated GDV of Rs 2,100 crore. - Balegere, East Bengaluru: Entered a joint development agreement for 5.5 acres with a combined potential GDV above Rs 1,000 crore. - Malabar Hill, Mumbai: Secured a prestigious redevelopment project via wholly-owned subsidiary, offering 0.7 million sq ft of premium space on 1.43 acres with GDV potential around Rs 2,700 crore. Market Outlook: India’s macroeconomic environment continues to strengthen, with Q1 FY26 real GDP growth at approximately 7.8% YoY, fueled by robust performance in services, construction, and consumption sectors. The Reserve Bank of India has revised FY26 growth projections upward to 6.8%, reflecting optimism about sustained domestic demand and rural recovery despite global challenges. Residential market demand grew by 1% YoY in Q3 CY25, driven largely by the Rs 1-2 crore segment, while prices across major metros, including NCR, Bengaluru, and Chennai, appreciated between 5% and 17%. Puravankara is strategically positioned to capitalize on these positive real estate trends. (ADVERTORIAL DISCLAIMER: This press release is provided by VMPL. ANI disclaims responsibility for the content presented herein.) Disclaimer: This article is a direct feed from ANI and has not been edited by the News Nation team. The news agency holds sole responsibility for its content.