Puravankara Limited to attend Choice India Online Investor Conference

0 min read     Updated on 06 Jun 2026, 01:22 AM
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Puravankara Limited announced its participation in the Choice India Online Investor Conference scheduled for June 12, 2026. The management will engage with investors virtually from 4:00 PM to 5:00 PM, with no unpublished price sensitive information to be discussed.

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Puravankara Limited will participate in the Choice India Online Investor Conference on June 12, 2026. The company's management representatives will attend the virtual session to engage with investors, adhering to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference is scheduled between 4:00 PM and 5:00 PM via virtual mode. The venue for the event is listed as Mumbai. The company noted that the schedule remains subject to change due to potential exigencies involving analysts or the company.

Puravankara clarified that no unpublished price sensitive information will be discussed during the conference. The discussion will be strictly based on information already available in the public domain.

Conference Details

Sl. No. Date Mode Time Venue
1. June 12, 2026 Virtual 4:00 PM to 5:00 PM Mumbai

Historical Stock Returns for Puravankara

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%-4.71%-4.29%-11.85%-24.57%+141.19%

What key topics is Puravankara likely to address during the conference given the focus on public domain information?

How might investor sentiment shift following the conference based on management's insights?

Could the conference signal any upcoming strategic initiatives or business developments for Puravankara?

Puravankara signs JDA for North Bengaluru land; FY26 sales surge 55%

1 min read     Updated on 02 Jun 2026, 06:25 AM
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Puravankara Limited signed a Joint Development Agreement for an 11.23-acre land parcel in Doddagubbi, North Bengaluru, with an estimated GDV of ₹1,100 crore and a developable area of 0.74 million square feet. The company reported its highest-ever annual sales of ₹7,407 crore in FY26, a 55% year-over-year increase, and set a sales guidance of ₹11,200 crore for FY27. The Bengaluru pipeline now represents over ₹13,800 crore of GDV.

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Puravankara Limited has signed a Joint Development Agreement (JDA) for an 11.23-acre land parcel in Doddagubbi, North Bengaluru, with an estimated gross development value (GDV) of ₹1,100 crore. The residential apartment project will feature a developable area of approximately 0.74 million square feet. This strategic acquisition in a rapidly evolving corridor underscores the company's focus on capital-efficient expansion in high-demand urban markets.

Land Acquisition Details

The following table summarises the key parameters of the newly signed land agreement:

Parameter: Details
Land Area: 11.23 acres
Location: Doddagubbi, North Bengaluru
Developable Area: ~0.74 million square feet
Potential GDV: ₹1,100 crore

Doddagubbi enjoys strategic access to key areas such as Hennur, Hebbal, Yelahanka, Manyata Tech Park, and Kempegowda International Airport. The micro-market is supported by robust social and civic infrastructure, including reputed educational institutions and healthcare facilities, along with strong connectivity via NH-44.

FY26 Sales Performance

Puravankara reported its highest-ever annual sales of ₹7,407 crore in FY26, representing a 55% year-over-year growth. This performance was driven by sustained demand for well-located, high-quality residential offerings in key micro-markets.

Metric: FY26 Change (YoY)
Sales: ₹7,407 crore +55%

Ashish Puravankara, Managing Director, Puravankara Limited, highlighted that FY26 was a landmark year with a strengthened development pipeline across Bengaluru and Mumbai. The company has set a sales guidance of ₹11,200 crore for FY27.

Key Highlights

  • Land Agreement: JDA signed for 11.23-acre site in Doddagubbi, North Bengaluru
  • Potential GDV: Project estimated at ₹1,100 crore
  • Developable Area: Approximately 0.74 million square feet
  • FY26 Sales: ₹7,407 crore, up 55% year-over-year
  • Bengaluru Pipeline: Represents over ₹13,800 crore of GDV

Mallanna Sasalu, CEO - South, Puravankara Limited, noted that Bengaluru remains the company's largest market. Recent additions, including Purva Silversky and Purva Northern Lights, have strengthened the city's pipeline to over ₹13,800 crore of GDV.

Historical Stock Returns for Puravankara

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%-4.71%-4.29%-11.85%-24.57%+141.19%

How will the company fund the development costs for the new Doddagubbi project given the aggressive FY27 sales guidance?

What is the expected timeline for the launch and completion of the Doddagubbi project relative to other ongoing Bengaluru developments?

Will Puravankara look to replicate this JDA model in other high-growth corridors like Mumbai to meet the ₹11,200 crore sales target?

More News on Puravankara

1 Year Returns:-24.57%