Puravankara

Puravankara entered into a definitive agreement to sell its commercial property, Purva Zentech, to ICICI Prudential AMC for an enterprise value of ₹625.94 crore. Of the consideration, ₹145 crore will come from the sale of SPV shares, with the rest realised through balance‑sheet adjustments. Separately, the company reported a 28% year‑on‑year rise in pre‑sales to ₹1,439 crore for the quarter ended June 2026, while collections surged 40% to ₹1,199 crore. Average price realisation improved 18% to ₹10,589 per sq ft, and 0.94 million sq ft was handed over. Puravankara also confirmed four land transactions during the quarter with a cumulative gross development value of ₹5,200 crore, strengthening its project pipeline. Managing Director Ashish Puravankara said the results put the firm on track to achieve its ₹11,200 crore sales guidance for FY27.

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July 13 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - REPORTS 28% YOY GROWTH IN PRE SALES IN Q1; COLLECTIONS SURGE 40% Y/Y

• PURAVANKARA- ENTERED AGREEMENT WITH ICICI PRUDENTIAL AMC FOR THE SALE OF COMMERCIAL PROPERTY

• PURAVANKARA- DEAL VALUES THE ASSET AT ENTERPRISE VALUE 6.26 BILLION RUPEES

Source text: ID:nnAZN4T7E96

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Puravankara Limited entered into a joint development agreement for a 6.4-acre land parcel in Sarjapur, Bengaluru, with an estimated gross development value of ₹1,000 crore. The project will yield approximately 0.8 million square feet of residential development and is slated to cater to the growing demand in this emerging corridor. The site offers connectivity to Sarjapur Road, the Outer Ring Road, and the Electronic City employment hub. With this deal, Puravankara’s cumulative land additions through acquisitions and JDAs in the first quarter of FY27 reached an estimated GDV of ₹5,200 crore across four transactions. Managing Director Ashish Puravankara stated that Bengaluru remains a priority market and that the company is focused on securing quality land parcels backed by infrastructure and employment density. CEO Mallanna Sasalu highlighted that the mix of outright purchases and capital‑efficient joint developments reflects a disciplined growth strategy.

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June 26 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - TO SELL ENTIRE SHAREHOLDING IN PURVA RUBY PROPERTIES

• PURAVANKARA LTD - TO SELL ENTIRE SHAREHOLDING IN PURVA RUBY PROPERTIES FOR 1.45 BILLION RUPEES

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Puravankara has acquired a 9.73-acre land parcel at Sanna Ammanikere in North Bengaluru with an estimated gross development value of ₹800 crore. The outright purchase is expected to yield approximately 0.89 million square feet of residential development. The site lies in the Devanahalli corridor, which is benefiting from infrastructure projects including the Airport Metro, Satellite Town Ring Road, and the Aerospace Park. The acquisition follows other recent land deals in Bengaluru micro-markets such as Mandur and Hennur Road, and aligns with the company's strategy to strengthen its pipeline through disciplined capital allocation and faster launches.

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June 17 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA - BUYS 9.73-ACRE LAND PARCEL IN NORTH BENGALURU

• PURAVANKARA - ACQUIRED LAND HAS POTENTIAL GROSS DEVELOPMENT VALUE OF 8 BILLION RUPEES

Source text: ID:nNSEKrtVt

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June 1 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA - SIGNS JDA FOR LAND WITH GDV OF 11 BILLION RUPEES

Source text: ID:nBSE8VsMws

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May 25 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - SECURES 14.57-ACRE LAND IN BENGALURU WITH GDV OF 23 BILLION RUPEES

Source text: ID:nBSESKTWL

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May 20 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - STARWORTH INFRASTRUCTURE RECEIVES LOI FOR EMBASSY EDEN, BENGALURU, CONTRACT VALUE 1.33 BILLION RUPEES

Source text: ID:nBSE1NlHhh

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** Shares of Puravankara PURA.NS rise 12.9% to 240.9 rupees; highest intraday pct rise since April 2024

** Shares reach highest level in over a month

** Real estate developer's posts March-qtr profit of 1.14 billion rupees compared to a loss of 855 million rupees a year ago

** Co's rev from ops nearly triples to 15.02 billion rupees

** More than 3.2 million shares change hands vs 30-day average of 1.3 million shares

** YTD, stock up 0.6%

(Reporting by Mridula Kumar in Bengaluru)

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May 18 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA MARCH-QUARTER CONSOL NET PROFIT 1.1 BILLION RUPEES

• PURAVANKARA MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 15.02 BILLION RUPEES

Source text: ID:nBSE9T9jjg

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May 12 (Reuters) - Puravankara Ltd PURA.NS:

• STARWORTH INFRASTRUCTURE GETS LOI FOR WESTIN HOTEL PROJECT WORTH 578.1 MILLION RUPEES

Source text: ID:nBSE5pf2MZ

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May 4 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - RECEIVES FAVOURABLE APPELLATE ORDERS ALLOWING TAX DEDUCTION

• PURAVANKARA - CERTAIN TAX LIABILITIES REDUCED BY TOTAL OF 277.5 MILLION RUPEES

Source text: ID:nBSE8wjX2y

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April 29 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD- GETS ORDER WORTH 1.44 BILLION RUPEES

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April 13 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - Q4FY26 SALES AT 35.47 BILLION RUPEES, UP 190% YOY

• PURAVANKARA LTD - TO LAUNCH 30 PROJECTS OVER NEXT 24 MONTHS WITH GDV OVER 550 BILLION RUPEES

Source text: ID:nNSEfGfL6

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April 1 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD- GETS TAX DEMANDS OF 393.4 MILLION RUPEES FOR AY2016-17 AND 125.3 MILLION RUPEES FOR AY 2017-18

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March 25 (Reuters) - Puravankara Ltd PURA.NS:

• UNVEILS 30 PROJECTS WITH GDV OVER 550 BILLION RUPEES IN NEXT 24 MONTHS

Source text: ID:nNSEdm7JL

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March 18 (Reuters) - Puravankara Ltd PURA.NS:

• UNIT GETS REGISTRATION CERTIFICATE FROM MAHA RERA FOR LAUNCH OF TOWER D IN EXISTING PROJECT

Source text: ID:nBSE5W1vSl

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March 17 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - STARWORTH INFRASTRUCTURE RECEIVES LETTER OF INTENT FOR RUBY BLOCK PHASE I AT VIT VELLORE

• PURAVANKARA LTD - CONTRACT VALUE IS 2.80 BILLION RUPEES EXCLUDING GST

Source text: ID:nBSE6h0WNW

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March 13 (Reuters) - Puravankara Ltd PURA.NS:

• RECEIVES KRERA REGISTRATION FOR NORTHERN LIGHTS BY PURAVANKARA KVN PROJECT

Source text: ID:nNSE5N1x4F

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March 9 (Reuters) - Puravankara Ltd PURA.NS:

• ENTERS JOINT DEVELOPMENT PROJECT ON HENNUR ROAD, BENGALURU WITH GDV OVER 13 BILLION RUPEES

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Feb 19 (Reuters) - Puravankara Ltd PURA.NS:

• LAUNCHES PREMIUM RESIDENTIAL DEVELOPMENT IN ELECTRONIC CITY, BENGALURU

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Feb 12 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA DEC-QUARTER CONSOL NET PROFIT 583.4 MILLION RUPEES

• PURAVANKARA DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.69 BILLION RUPEES

• PURAVANKARA LTD - REAPPOINTS ASHISH RAVI PURAVANKARA AS MD FOR 5 YEARS

• PURAVANKARA LTD - APPROVED MERGER OF IBID HOME PRIVATE LIMITED AND PURVA WOODWORKS PRIVATE LIMITED

Source text: ID:nBSE4fq2Q6

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Feb 11 (Reuters) - Puravankara Ltd PURA.NS:

• GETS REGISTRATION CERTIFICATE FROM MAHARERA FOR PROJECT 'PURVA ESTRELLA'

Source text: ID:nBSE7zVCLS

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Adds more details, context paragraph 2 onwards

Jan 19 (Reuters) - Indian electric two-wheeler maker Ola Electric OLAE.NS on Monday named Deepak Rastogi as its new finance chief, effective January 20.

Rastogi, who most recently was the group finance chief of property developer Puravankara PURA.NS, will succeed Harish Abichandani, Ola said.

Under Abichandani, who had been the CFO of Ola Electric since November 2023, the company went public in a blockbuster debut in 2024.

But since then, it has grappled with stalling sales which led the firm to cut its fiscal 2026 revenue forecast in November last year.

Once commanding 50% of India's e-scooter market, Ola Electric has been overtaken by rivals such as Bajaj Auto BAJA.NS and TVS Motor TVSM.NS, which have expanded distribution and launched similarly priced models.

(Reporting by Hritam Mukherjee in Bengaluru
Editing by Tomasz Janowski)

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** Shares of Puravankara PURA.NS jumps nearly 11% to a three-week high of 255.30 rupees

** Real estate developer says its Q3 pre-sales rise 17% to 14.14 billion rupees ($157.03 million) compared to last year

** Q3 collections up 22% YOY to 11.4 billion rupees

** PURA fell 37% in 2025

($1 = 90.0438 Indian rupees)

(Reporting by Brijesh Patel in Bengaluru)

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** Shares of Puravankara PURA.NS rise 4.5% to 298 rupees, their biggest intraday pct gain since August 13

** Real estate firm’s subsidiary gets 27 billion rupee ($308.6 million) order for redevelopment of a housing society

** Stock down 21.4% YTD

($1 = 87.5060 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

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** Shares of Puravankara PURA.NS fall 2.5% to 260.05 rupees

** Stock set to fall for fifth straight session

** Real estate developer posted Q1 consol net loss of 685.5 mln rupees ($7.7 mln) vs consol profit of 147.8 mln rupees year ago

** Consol revenue fell 20.3% Y/Y to 5.24 bln rupees

** PURA down nearly 32% YTD

($1 = 87.5075 Indian rupees)

(Reporting by Vijay Malkar)

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Aug 8 (Reuters) - Puravankara Ltd PURA.NS:

• INDIA'S PURAVANKARA LTD JUNE-QUARTER CONSOL NET LOSS 685.5 MILLION RUPEES

• INDIA'S PURAVANKARA LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.24 BILLION RUPEES

Source text: [ID:]

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July 10 (Reuters) - Puravankara Ltd PURA.NS:

• ANNOUNCES JDA FOR 5.5-ACRE LAND IN BENGALURU

• PROJECT WITH POTENTIAL GDV OF OVER 10 BILLION RUPEES

Source text: ID:nNSE2B4T5Z

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