News for Puravankara Limited (PURVA.BO)

Puravankara Limited reports 6% y-o-y growth in pre-sales, with average price realisation up by 9%.

Real estate developer Puravankara Group has announced the joint development of a 5.5-acre land parcel in East Bengaluru, with a combined estimated gross development value (GDV) of over Rs 1,000 crore.

Puravankara Limited achieved a historic milestone with pre-sales hitting an impressive Rs 5,006 crore. The company sold 5.67 million sq. ft., marking a 10% increase in average realization compared to last year. With total revenue climbing to Rupees 2,093 crore and customer collections reaching Rupees 3,937 crore, the companys financial health is thriving.

Purvankara Ltd reports ₹85.82 crore net loss in Q4 FY25, focusing on growth and long-term value creation.

Realty firm Trinity awards ₹510 crore contract, Puravankara Group CEO resigns, Kaynes acquires August Electronics, Adani Power wins UP bid.

KVN Property Holdings and Puravankara Group have partnered in a joint venture to develop a 24.59-acre land parcel in North Bengaluru, projecting a Gross Development Value of over ₹3,300 crore. The project, featuring approximately 3.48 million sq. ft. of saleable area, is slated for launch within six months.

Puravankara announces joint venture with KVN Property Holdings for ₹3,300 crore project in North Bengaluru.

Puravankara reports 9% increase in customer collections, highest-ever sustenance sales, and significant investments in land acquisition.

Stocks including Tata Motors, ITC, L&T, Tata Steel, Mazagon Dock, TVS Motor, YES Bank, Biocon, IndusInd Bank, TVS Motor and Nykaa will be in the spotlight on Monday, April 07.

Feb 14, 2025 / 11:15AM GMTOperator Ladies and gentlemen, good day and welcome to Puravankara Limited Q3 FY25 post-results conference call hosted by Motilal Oswa

In the Nifty pack, 32 stocks closed in the green, while 18 stocks ended in the red.

Provident Housing launches second phase of Provident Ecopolitan project in Bengaluru, offering 581 units near KIADB Aerospace Park.

Puravankara Limited acquires 3.63-acre land in Bengaluru for premium residential project, emphasizing strategic expansion in favorable market conditions.

Puravankara acquires 3.63-acre land in Bengaluru, expected to generate over ₹700 crore, expands footprint in key micro-markets.

Puravankara Limited appoints Deepak Rastogi as CFO, aiming to enhance financial controls and operational efficiencies for future growth.

Puravankara Limited appoints Deepak Rastogi as Group CFO effective January 15, 2025. With over three decades of finance and strategy experience, Rastogi's leadership is expected to bolster the company's expansion plans. Neeraj Gautam is promoted to Deputy CFO. Puravankara has completed 85 projects across nine cities and continues to grow its real estate footprint.

The Bengaluru-based developer is in advanced talks with private equity players to fund upcoming acquisitions in the residential and commercial space.

Puravankara Limited reports widened loss in Q2FY25, with increased revenue and investments for future growth.

Real estate developers in India are leveraging the festive season with offers like EMI waivers, GST exemptions, and free registration to boost sales. Major builders are featuring discounts, complimentary car parking, and fully furnished apartments. Some are collaborating with banks to offer fixed interest rates on home loans, enhancing buyer appeal.