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Puravankara Projects

Puravankara hits 52-week high on acquiring 7-acre land parcel in Bengaluru

The uptick in stock price came after the company announced that it has acquired a 7-acre land parcel in Hebbagodi, Bengaluru

Puravankara hits 52-week high on acquiring 7-acre land parcel in Bengaluru
Updated On : 03 Jul 2024 | 9:51 AM IST

Stocks to Watch, May 24: Bayer Crop, Landmark Cars, Shilpa Medicare

Across Asia, markets mirrored the losses seen in Wall Street, with Japan's Nikkei leading the decline with a drop of 1.22 per cent, followed by Korea's Kospi down nearly 1 per cent

Stocks to Watch, May 24: Bayer Crop, Landmark Cars, Shilpa Medicare
Updated On : 24 May 2024 | 8:05 AM IST

Puravankara net profit rises 266% to Rs 78 crore in third quarter

Puravankara declared its earnings after market hours on Tuesday. Ahead of the earnings, its shares were down 6 per cent to close at Rs 220.90 on the Bombay Stock Exchange (BSE)

Puravankara net profit rises 266% to Rs 78 crore in third quarter
Updated On : 23 Jan 2024 | 10:33 PM IST

Real estate firm Puravankara says plans expansion in West, South India

Company working on wellness-themed project in Chennai, its largest in the city

Real estate firm Puravankara says plans expansion in West, South India
Updated On : 19 Jan 2024 | 2:06 PM IST

Puravankara Q3 sale bookings rise 56% to Rs 1,241 cr on higher volumes

Realty firm Puravankara Ltd on Wednesday reported a 56 per cent annual increase in its sale bookings at Rs 1,241 crore in the third quarter of this fiscal on higher volumes amid strong housing demand. Its sale bookings stood at Rs 796 crore in the year-ago period. According to a regulatory filing, the company's sale bookings rose 60 per cent area-wise to 1.63 million square feet during October-December period from 1.02 million sq ft in the corresponding period of the previous year. The average sales realisation declined 2 per cent to Rs 7,610 per sq ft during the period under review from Rs 7,767 per sq ft a year ago. During April-December period of 2023-24 fiscal, the company's sale bookings rose 89 per cent to Rs 3,967 crore from Rs 2,100 crore in the year-ago period. In area terms, the sale bookings rose 80 per cent to 5.01 million sq ft in the first nine months of this fiscal from 2.79 million sq ft in the year-ago period. The average sales realisation grew 5 per cent to Rs 7

Puravankara Q3 sale bookings rise 56% to Rs 1,241 cr on higher volumes
Updated On : 10 Jan 2024 | 1:01 PM IST

Puravankara bags two housing societies' redevelopment projects in Mumbai

Realty firm Puravankara Ltd has bagged two housing societies' redevelopment projects in Mumbai with a revenue potential of Rs 1,500 crore. In a statement, Bengaluru-based Puravankara Ltd said it has "secured the residential redevelopment rights for the two housing societies in the western suburbs of Mumbai". Situated in Andheri West, the project is spread over 3 acres. "It has a cumulative estimated development potential of 5.8 lakh square feet of carpet area, with approximately 3.65 lakh square feet available for sale and a potential Gross Development Value (GDV) of Rs 1,500 crore over the project's lifecycle," the statement said. Abhishek Kapoor, Group CEO of Puravankara Ltd, said this is a significant milestone as it marks our entry into the redevelopment segment. "This strategic move also underscores our commitment to expanding our footprint in Mumbai's thriving real estate market," Kapoor added. Puravankara Ltd has posted a consolidated net loss of Rs 11.22 crore in the Sept

Puravankara bags two housing societies' redevelopment projects in Mumbai
Updated On : 16 Nov 2023 | 12:41 PM IST

Puravankara soars 13% as it records highest-ever sales value in Q1FY24

The sale's value more than doubled, zooming 119 per cent year-on-year, to Rs 1,126 crore from previous year's Q1 sales of Rs 513 crore

Puravankara soars 13% as it records highest-ever sales value in Q1FY24
Updated On : 06 Jul 2023 | 2:17 PM IST

Puravankara reports highest ever Q3 sales, revenue up 67% amounting 410 cr

Puravankara Reports Highest Ever Q3 Sales, Revenue Growth of 67 Percent Amounting to 410 Cr.

Puravankara reports highest ever Q3 sales, revenue up 67% amounting 410 cr
Updated On : 10 Feb 2023 | 7:53 PM IST

Puravankara Q3 bookings rise 20% to Rs 796 cr on higher price realisation

Realty firm Puravankara Ltd on Monday reported a 20 per cent increase in its sales bookings to Rs 796 crore for the quarter ended December, mainly on higher price realisation. In a regulatory filing, the Bengaluru-based company shared the operational update for the October-December period of 2022-23 financial year. Sales bookings stood at Rs 796 crore in the third quarter of this fiscal as against Rs 666 crore in the year-ago period. In terms of volumes, sales bookings rose 3 per cent to 1.02 million square feet from 0.99 million square feet. Price realisation increased to Rs 7,767 per square feet from Rs 6,727 per square feet. During April-December period of this fiscal, sales bookings increased to 2.79 million square feet from 2.32 million square feet in the year-ago period. Sales bookings rose 33 per cent to Rs 2,100 crore in the first nine months of this fiscal from Rs 1,576 crore in the corresponding period of this year. Price realisation increased 11 per cent to Rs 7,528 p

Puravankara Q3 bookings rise 20% to Rs 796 cr on higher price realisation
Updated On : 23 Jan 2023 | 5:43 PM IST

We have sold 50% of Mumbai inventory: Puravankara CEO Abhishek Kapoor

We are looking at launching about 16 million sq ft in the market and in the first phase, we will typically launch about six million

We have sold 50% of Mumbai inventory: Puravankara CEO Abhishek Kapoor
Updated On : 29 Sep 2022 | 12:59 AM IST

Puravankara to invest Rs 1,550 cr to construct realty project in Kochi

The company's subsidiary Provident Housing Ltd will develop 3 million square feet in the project, which is spread over 18 acres, named 'Provident Winworth' at Kochi

Puravankara to invest Rs 1,550 cr to construct realty project in Kochi
Updated On : 17 Feb 2022 | 3:14 PM IST

Puravankara to invest Rs 420 cr for two projects; eyes Rs 1,250 cr revenue

Puravankara has completed 74 projects measuring over 42 million square feet area and over 22 million square feet of projects are under development.

Puravankara to invest Rs 420 cr for two projects; eyes Rs 1,250 cr revenue
Updated On : 13 Oct 2021 | 4:28 PM IST

Sunteck to Brigade, major listed realtors hike residential prices by 10%

Bengaluru-based developer Puravankara has initiated a similar increase in prices

Sunteck to Brigade, major listed realtors hike residential prices by 10%
Updated On : 16 Jul 2021 | 6:10 AM IST

Puravankara Ltd FY21 sales bookings up 28% at Rs 2,202 crore

This came on the back of strong demand driven by low-interest rates on home loans amid the Covid-19 pandemic.

Puravankara Ltd FY21 sales bookings up 28% at Rs 2,202 crore
Updated On : 01 Jul 2021 | 7:28 PM IST

Puravankara forays into Mumbai with Rs 450-cr ultra-luxury project

Puravankara has already launched two luxury projects under its World Home Collection brand in Bengaluru and Chennai

Puravankara forays into Mumbai with Rs 450-cr ultra-luxury project
Updated On : 09 Mar 2021 | 11:47 PM IST

Karnataka stamp duty cut on flats to have limited impact on sales

Listed players such as Brigade, Sobha, Puravankara seek reduction across all budget segments

Karnataka stamp duty cut on flats to have limited impact on sales
Updated On : 08 Mar 2021 | 11:59 PM IST

Puravankara enters plotted development business, to invest Rs 825 crore

Realty firm Puravankara Ltd has entered into plotted development segment and will start six projects over the next 6-7 months with an investment of about Rs 825 crore

Puravankara enters plotted development business, to invest Rs 825 crore
Updated On : 28 Feb 2021 | 3:36 PM IST

Property developers give up profit margins for sales volume: Analysts

Margins in residential projects have come down from 20-30 per cent last year to 8 to 10 per cent in today's market

Property developers give up profit margins for sales volume: Analysts
Updated On : 14 Oct 2020 | 11:31 PM IST

Real estate players eye data centres to create separate class of assets

Players such as Puravankara, Salarpuria Sattva in talks to develop data centres in top metros

Real estate players eye data centres to create separate class of assets
Updated On : 18 Sep 2020 | 11:26 PM IST

Puravankara to invest Rs 1,500 cr in warehousing on e-commerce surge

It has tied up with Morgan Stanley as a JV partner for the warehousing business and will be concentrating on Bengaluru followed by Mumbai, Hyderabad, Chennai and Pune

Puravankara to invest Rs 1,500 cr in warehousing on e-commerce surge
Updated On : 14 Aug 2020 | 11:09 PM IST