Puravankara Ltd

Puravankara announced the launch of Purva Silversky, a premium residential development in Hebbagodi, Electronic City, off Hosur Road, Bengaluru. Spread across approximately 6.99 acres, the project comprises 356 exclusive residences across three iconic 32-storey towers. The project Purva Silversky boasts nearly 88% open-to-sky spaces. It is positioned as a low-density development with just four residences per floor, offering enhanced privacy, openness, and elevated living. Strategically located in one of Bengaluru's most established technology corridors, Purva Silversky enjoys excellent connectivity to major IT hubs, corporate parks, educational institutions, healthcare facilities, and retail destinations. The project is located just about 900 metres from the Huskur Metro Station, ensuring seamless access to key parts of the city and proximity to over 15 IT parks within a 10-minute radius. The development features expansive 3, 4 & 5 BHK residences, along with select larger-format homes, with unit sizes ranging from approximately 1,864 sq ft to over 5,300 sq ft. Each residence is thoughtfully designed to maximise natural light, ventilation, and spatial efficiency, complemented by premium finishes and private decks that enhance the living experience. With 270-degree open views, the homes are planned to deliver a sense of space and visual openness rarely found in urban developments. Powered by Capital Market - Live

Spread across approximately 6.99 acres, the project comprises 356 exclusive residences across three 32-storey towers, with nearly 88% open-to-sky spaces. Positioned as a low-density development with just four units per floor, Purva Silversky promises enhanced privacy, openness, and elevated living experiences. Strategically located in one of Bengaluru's established technology corridors, the project offers seamless connectivity to major IT hubs, corporate parks, educational institutions, healthcare facilities, and retail destinations. It is situated about 900 metres from Huskur Metro Station and within a 10-minute radius of over 15 IT parks. The development features expansive 3, 4, and 5 BHK residences, along with select larger-format homes, with sizes ranging from 1,864 sq ft to over 5,300 sq ft. Each unit is designed to maximise natural light, ventilation, and spatial efficiency, complemented by premium finishes and private decks. The residences offer 270-degree open views, providing a sense of space and visual openness rarely seen in urban projects. Purva Silversky focuses on holistic wellbeing and community living, featuring a 17,700 sq ft clubhouse and more than 45 lifestyle amenities across a 1.7-acre elevated podium. The project also includes landscaped open spaces and a forest walkway with over 200 trees, catering to the wellness, leisure, and recreational needs of modern urban families. Puravankara is engaged in the business of real estate development. The company reported consolidated net profit of Rs 59.34 crore in Q3 FY26 as net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26. Shares of Puravankara fell 1.04% to Rs 232.50 on the BSE. Powered by Capital Market - Live

Net profit of Puravankara reported to Rs 59.94 crore in the quarter ended December 2025 as against net loss of Rs 92.41 crore during the previous quarter ended December 2024. Sales rose 236.08% to Rs 1069.31 crore in the quarter ended December 2025 as against Rs 318.17 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1069.31318.17 236 OPM %20.505.04 - PBDT89.19-110.73 LP PBT78.64-119.01 LP NP59.94-92.41 LP Powered by Capital Market - Live

Puravankara will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live

The company's collections climbed 22% YoY to Rs 1,140 crore in Q3 FY26. Sales area stood at 1.49 million square feet (msft) in Q3 FY26, up 4% compared with 1.43 msft in Q3 FY25. Average realization increased 12% YoY to Rs 9500 per sq.ft during the quarter. During the quarter, the company handed over 1.23 msft, delivering 1,116 homes. The company said that India's macroeconomic momentum remained strong in Q2 FY26, with real GDP growth of around 8.2% YoY, leading the RBI to upgrade its FY26 growth outlook to 7.3%. While residential housing demand moderated in Q3 FY26, declining by approximately 16% YoY in volume terms. In contrast, the commercial real estate segment remained resilient, with leasing activity rising about 15% QoQ. Bengaluru led leasing absorption with a around 24% share, followed by Mumbai at approximately 22% and Delhi-NCR at around 18%, underscoring the continued strength of office demand in India's key metros. Ashish Puravankara, managing director, Puravankara, said, 'In 9MFY26, we made significant progress in expanding our portfolio, adding over 12.76 msft of potential developable area with an estimated GDV of approximately Rs 13,900 crore. These include marquee acquisitions across Bengaluru and Mumbai, such as a 53.5-acre land parcel in Anekal Taluk, Bengaluru; large-scale partnerships in North and East Bengaluru; and redevelopment projects at Malabar Hill and Chembur. Our focus remains on disciplined execution and value creation through strategic expansion in high-demand micro-markets In Q3FY26, we continued the growth momentum, driven substantially by sustenance sales, achieving pre-sales of Rs 1,414 crores and collections of Rs 1,140 crores, both improving year-on-year. This performance underscores the continued trust of our customers and the strength of our brand across markets.' The Puravankara Group is one of India's most trusted realty majors, headquartered in Bengaluru with a pan-India presence. Over the past five decades, the company has established three distinct and successful residential brands ' Puravankara, Provident Housing (PHL), and Purva Land - catering to the entire spectrum of housing and plotted development needs. The company reported a consolidated net loss of Rs 41.79 crore in Q2 FY26 as against net loss of Rs 16.78 crore in Q2 FY25. Net sales jumped 30% year on year to Rs 644.20 crore in Q2 FY26.Powered by Capital Market - Live

The project has an approximate built-up area of 30,36,458 square feet and it has an approximate contract value of Rs 311.18 crore. The project has to be executed within a period of 37 months. The Puravankara Group is one of India's most trusted realty majors, headquartered in Bengaluru with a pan-India presence. Over the past five decades, the company has established three distinct and successful residential brands ' Puravankara, Provident Housing (PHL), and Purva Land - catering to the entire spectrum of housing and plotted development needs. The company reported a consolidated net loss of Rs 41.79 crore in Q2 FY26 as against net loss of Rs 16.78 crore in Q2 FY25. Net sales jumped 30% year on year to Rs 644.20 crore in Q2 FY26. The scrip rose 0.26% to currently trade at Rs 232.05 on the BSE. Powered by Capital Market - Live

Starworth Infrastructure & Construction (SICL), a wholly owned subsidiary of Puravankara, has received a Letter of Intent for construction of the proposed residential project Sattva AANGANE having approximate built-up area of 30,36,458 Sq. ft. at East Taluk, Bangalore - 560049. The approximate contract value is Rs 311.18 crore. Powered by Capital Market - Live

The company said the acquisition aligns with its strategy to expand across key Bengaluru micro-markets, driven by improving infrastructure, enhanced connectivity, and sustained end-user demand for residential housing. Anekal Taluk has been witnessing increased real estate activity due to its proximity to major employment hubs and upcoming infrastructure developments, making it an attractive destination for residential projects. Puravankara continues to focus on land acquisitions in high-growth locations to support its long-term development pipeline and reinforce its footprint in core urban markets. Commenting on the development, Ashish Puravankara, MD, Puravankara, said the acquisition forms part of the company's strategy to systematically add quality developable land to its launch pipeline across strategic micro-markets. 'This reflects our disciplined approach to growth with a long-term view for the organisation, and our confidence in the fundamentals of these markets to create large, sustainable communities,' he said. The newly acquired land parcel at Attibele Hobli is strategically located and offers a saleable area of 6.4 million sq ft, with a potential gross development value (GDV) of over Rs 4,800 crore, the company said. Adding further context, Mallanna Sasalu, CEO ' South, Puravankara Limited, said the project is located in a micro-market characterised by strong end-user demand and limited availability of developable land. 'Prior to this acquisition, during H1 FY26, we added a total of 6.36 million sq ft of developable area in Bengaluru and Mumbai, with an estimated gross development value of Rs 9,100 crore. The addition of another Rs 4,800 crore takes the potential GDV to Rs 13,900 crore and the developable area to 12.76 million sq ft for the year-to-date,' he said. He further added that earlier this year, the company advanced its Bengaluru expansion plans through strategic acquisitions, including a partnership with KVN Property Holdings LLP for a 24.59-acre parcel at KIADB Hardware Park in North Bengaluru, with a developable area of 3.48 million sq ft and a potential GDV of over Rs 3,300 crore. This was followed by a joint development of a 5.5-acre parcel in Balegere, East Bengaluru, offering a developable area of 0.85 million sq ft and a potential GDV of over Rs 1,000 crore. The Puravankara Group is one of India's most trusted realty majors, headquartered in Bengaluru with a pan-India presence. Over the past five decades, the company has established three distinct and successful residential brands ' Puravankara, Provident Housing (PHL), and Purva Land - catering to the entire spectrum of housing and plotted development needs. The company reported a consolidated net loss of Rs 41.79 crore in Q2 FY26 as against net loss of Rs 16.78 crore in Q2 FY25. Net sales jumped 30% year on year to Rs 644.20 crore in Q2 FY26. Powered by Capital Market - Live

Puravankara has acquired a 53.5-acre land parcel in Anekal Taluk, Bengaluru, further strengthening its presence in one of the city's emerging residential growth corridors. The acquisition is aligned with the company's strategy to expand across Bengaluru micro-markets, supported by improved infrastructure, strong connectivity, and sustained end-user demand. Commenting on the development, Ashish Puravankara, Managing Director, Puravankara Limited, said, 'This acquisition is part of our ongoing efforts to systematically add quality developable land to our launch pipeline across strategic micro-markets. This reflects our disciplined approach to growth with a long-term view for the organisation, and also confidence in the fundamentals of these markets to create large, sustainable communities.' The newly acquired land parcel at Attibele Hobli is strategically located and has a saleable area of 6.4 msft, with a potential gross development value of over Rs 4,800 crore. Powered by Capital Market - Live

Puravankara has provided a Corporate Guarantee to Starworth Infrastructure & Construction, wholly owned subsidiary of the Company, for enhancement of credit facilities of Rs. 50 crore in favour of Axis Bank. Powered by Capital Market - Live