Page 2 - Puravankara

Puravankara's sales bookings up 20% in Sep quarter to Rs 597 crore

Realty firm Puravankara Ltd's sales bookings grew by 20 per cent to Rs 597 crore during the second quarter of the fiscal on higher volumes and price realisation. In its investors presentation, the Bengaluru-based firm informed that the company's sales booking increased to Rs 597 crore during July-September quarter of 2021-22 fiscal from Rs 495 crore in the previous year. Its sales realisation went up by 11 per cent to Rs 6,556 per square feet from Rs 5,898 per square feet. In volume terms, sales bookings increased by 8 per cent to 0.91 million square feet during July-September quarter of this fiscal from 0.84 million square feet in the year-ago period. During the first six months of the fiscal, sales bookings rose 2 per cent to Rs 910 crore from Rs 893 crore in the corresponding period of the previous year. Sales volume dipped to 1.33 million square feet from 1.53 million square feet, but price realisation increased 17 per cent to Rs 6,845 from Rs 5,839 per square feet. "Despite

Puravankara hits pause button on warehousing JV with Morgan Stanley

Morgan Stanley is scouting for deals, signing JVs in warehousing

Mumbai: A-list realtors queue up to enter one of world's priciest market

Increasing demand for luxe housing, accommodative state policies and decadal-low home loan rates could be some of the triggers

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 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

IFC and its fund to invest $76 mn in Puravankara affordable housing

Two of the four projects being funded are planned in Kochi and Bengaluru, with saleable area of 4.5 mn sq ft. About 4,000 housing units will be built in next 5-7 seven years

Puravankara shares hit a fresh 52-week high, rally 80% in three weeks

According to a report, Godrej Fund is in talks with Bengaluru-based developer for Rs 1,200 crore deal.

India's first residential air purification tower to come up in Bengaluru

Puravankara launches Purva Atmosphere which will have a 40 feet high tower to purify 32 million cubic metres of air per day

Puravankara eyes commercial realty biz; plans to develop 10 mn sq ft

The Bengaluru-based firm has so far completed 67 residential and only five commercial projects

Puravankara to invest Rs 35 bn on 15 upcoming projects this fiscal

Seven of these projects will come up in its affordable housing segment 'Provident' including one in Sri Lanka

Puravankara zooms 81% in one month post Q2 results

The stock hit a fresh 52-week high of Rs 172, up 12% on the BSE on Tuesday, on back of heavy volumes in otherwise subdued market.