The Next Housing Wave: Puravankara's ₹7,000 Cr Investment

Puravankara, the Bengaluru-based real estate developer, is set to invest over ₹7,000 crore in upcoming residential projects, with a sales target of ₹15,000 crore in the coming years.

The company is looking to leverage strong demand in the mid-income and premium housing segments across key markets such as Bengaluru, Chennai, Hyderabad, Pune, and Mumbai. It is preparing to launch large-scale developments under its Puravankara, Provident, and Purva Land brands, anticipating robust growth in FY26 and beyond.

Puravankara plans to introduce 12–14 million sq. ft. of new residential space across 11 projects in cities including Bengaluru, Kochi, and Coimbatore. Although half of its current portfolio is concentrated in Bengaluru, the developer is targeting greater contributions from western markets like Mumbai and Pune, expecting their share to rise to 30–40 percent in the next few years, driven by higher pricing and redevelopment opportunities.

News by Rahul Yelligetti.