Ashish Puravankara, Managing Director, Puravankara
The real estate developer based in Bengaluru, Puravankara, has reported an increase in the clients’ collection by 9 percent year -on -year to ₹ 3,937 million rupees in fiscal year 2000, compared to ₹ 3,609 million rupees in fiscal year 2014. The collections for Q4Fy25 were located in ₹ 946 million rupees, according to their operating update.
The presale for Q4Fy25 stood at ₹ 1,282 million rupees, which raised the total sales value of FY25 to ₹ 5,006 million rupees. Supporting sales to ₹ 4,223 million rupees grew by 22 percent, while the average price realization increased by 10 percent just in the financial year.
When commenting on the company’s performance, Ashish Puravankara, managing director of Puravankara, said: “We have achieved the highest livelihood sales this year, growing 22 percent, driven by a strong absorption in the Acavankara project, the Preankara group, the range of the route of the Gravamine route.
Pipeline
Duration for fiscal year 2015, the Puravankara group invested more than ₹ 1.3 billion rupees to ensure land with a total area or approximately 8 million square feet with estimated potential GDV or more than ₹ 13,000 million rupees.
The company has a pipe or around 13 million square feet, which includes 9 million square feet of new projects and 4 million square feet of new phase launches for FY26. Projects with a total area or 5 million square feet are in advanced stages of approvals and are expected to be carried out in the next two quarters, he said.
Puravankara’s shares closed to ₹ 228.50, 0.93 percent more in the EEB.
Posted on April 16, 2025