Puravankara Posts Robust Q1 Sales, Defying Market Slowdown

Bengaluru, July 11: Puravankara Limited, a leading name in Indian real estate, announced strong pre-sales figures for the first quarter of fiscal year 2026 (Q1FY26). The company reported a healthy Rs 1,124 crore in pre-sales, representing a 6 per cent year-on-year increase.

This growth comes amidst a generally sluggish market, showcasing Puravankara’s resilience and strong market positioning. The average price realisation also saw a positive trend, climbing 9 per cent year-on-year.

Customer collections for the quarter reached a significant Rs 857 crore, indicating robust demand and buyer confidence in the Puravankara brand. The company’s performance suggests a positive outlook for the sector despite broader economic uncertainties.

This strong performance by Puravankara offers a ray of hope amidst concerns about the real estate market’s overall health. The company’s success highlights the importance of strategic planning and a strong brand reputation in navigating challenging economic conditions, offering valuable insights for other players in the sector.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.