Puravankara unveils 30 projects across South India, Mumbai

Real estate developer Puravankara Ltd. plans to unveil 30 projects in the next 24 months, primarily across South India and Mumbai. 

The planned pipeline comprises almost 51.14 million sq. ft. of developable area with an estimated Gross Development Value (GDV) of more than ₹55,000 crore, marking a significant step-up in the company’s growth trajectory.

Of the 30 projects, a significant number are already in the approval stage while the remaining are in the design stage with approval processes set to be initiated shortly, the company said.

As of 9MFY26, the company reported pre-sales of ₹3,859 crore and customer collections of ₹3,045 crore. The company said its upcoming developments are expected to contribute meaningfully to economic activity.

Ashish R. Puravankara
| Photo Credit:
MAIL

“This pipeline is expected to generate around 8 million man-days of direct employment annually and give a fillip to over 250 ancillary industries associated with the real estate sector,” it said.

Ashish Puravankara, Managing Director, Puravankara Ltd, said, “As we enter our next phase of growth, we are poised for the next leap, backed by stronger capabilities, a professional and well-governed organisation, and a high-quality project pipeline across Mumbai and South India.”

“Our focus remains on creating differentiated products, strengthening our presence in key micro-markets, and delivering long-term value to our customers and stakeholders. This pipeline reflects not just our growth ambitions, but also our confidence in India’s structural housing demand and the opportunities emerging across urban markets,” he added.

Mallanna Sasalu, CEO – South, Puravankara Ltd, said, “We are entering this phase with a clear execution roadmap that is stronger, more agile, and future-ready. Our developments are designed not just as real estate projects, but as integrated communities that respond to evolving customer needs.”

“At the same time, we recognise the broader role we play in the economy. This scale of development will create livelihoods, support a wide ecosystem of industries, and contribute meaningfully to urban growth. Our sustainability initiatives, including our afforestation pledge and focus on resource efficiency, are integral to how we build for the future,” he added.