Puravankara Limited
Puravankara Limited is a publicly listed Indian real estate developer headquartered in Indiranagar, Bengaluru – 560038. Founded by Ravi Puravankara in 1975, the company has spent 50 years building homes across India. It has completed over 86 projects and delivered more than 45 million sq. ft. of residential space. Their projects run under three brands: Puravankara for luxury homes, Provident Housing for mid-segment buyers, and Purva Land for plotted communities.
Listed on NSE (PURVA) and BSE (532891), the company holds an A+ (Stable) credit rating from both ICRA and CRISIL. The market cap stands above ₹5,400 crore as of 2026. Their latest launch, Purva Northern Lights on Bagalur Road, KIADB Aerospace Park, North Bangalore, opened sales in March 2026 with RERA approval already in place.
Key Details
| Category | Key Details |
| Official Name | Puravankara Limited |
| Established | 1975 (50+ Years in Indian Real Estate) |
| Headquarters | Bengaluru, Karnataka, India |
| Founder & Chairman | Ravi Puravankara |
| Managing Director | Ashish Ravi Puravankara |
| Market Presence | Active in 9 key cities: Bengaluru, Chennai, Hyderabad, Mumbai, Pune, Kochi, Goa, Kolkata, and Coimbatore. |
| Core Brands | • Puravankara: Luxury & Premium Homes • Provident Housing: Premium Budget Homes • Purva Land: Plotted Communities • WorldHome Collection: Ultra-Luxury Spaces |
| Stock Listing | Listed on NSE (PURVA) and BSE (532891). |
| Total Delivered Area | Completed over 45+ million sq. ft. in housing and commercial spaces. |
| Construction Arm | Starworth Infrastructure and Construction Limited (SICL) manages the engineering to ensure quality builds. |
| Notable Awards (2024-25) | • Iconic Project of the Year (2025): For Purva Blubelle • CIDC Vishwakarma Award (2024): For Social Impact |
| Customer Trust | One of the first Indian developers to get FDI. Trusted by 45,000+ families. |
| Technology Focus | Uses BluNex Life smart home tech in their modern projects. |
Comparison: Puravankara vs. Competitors
Choosing the right builder is tough. While brands like Prestige and Sobha are also industry leaders, Puravankara carves out its own space by focusing on smart technology and modern themes.
| Feature | Puravankara | Prestige Group | Sobha Limited |
| Main Strength | Smart Tech & Theme Design | Massive Townships | Elite Build Quality |
| Pricing | Fair & Competitive | High-End Premium | Top-Tier Premium |
| Smart Homes | Industry Leader (BluNex) | Basic Automation | Standard Features |
| Innovation | High (Oxygen Clubhouses) | Moderate (Standard Luxury) | High (Precision Engineering) |
| Best For | Modern Investors | Community Seekers | Long-term Residents |
About Puravankara Limited Owner
Ravi Puravankara founded the company in 1975. Trained as a civil engineer, he built it from a single Bangalore project into a pan-India brand. His son, Ashish Ravi Puravankara, now serves as Managing Director. Together they lead a group trusted by over 45,000 families across 9 cities.
Under their leadership, the group became one of the first Indian real estate developers to receive FDI. They introduced BluNex Life smart home technology and built India's first oxygen-themed clubhouses. These milestones set the company apart from most regional builders in Bangalore.
Does Puravankara Deliver on Time?
Most buyers ask this before signing anything. Puravankara has finished over 86 projects across Bengaluru, Chennai, Pune, and Kochi. In March 2026, residents started moving into Purva Atmosphere at Thanisandra, right on schedule.
Every RERA-approved project in Karnataka carries a declared completion date on the K-RERA portal. So delays are not just inconvenient, they are legally accountable.
For Purva Northern Lights, the RERA-declared possession date for Phase 1 is 31 December 2029. Construction began in April 2026, so the build window is 44 months. Kalpataru Projects International handles construction, which adds an independent engineering check on quality and timelines.
To verify, search RERA number PRM/KA/RERA/1251/309/PR/120326/008523 on the K-RERA portal.
List of Key Leaders at Puravankara Limited
- Mr. Ravi Puravankara – Founder & Chairman
- Mr. Ashish R. Puravankara – Managing Director
- Mr. K. S. Thiyagarajan – Chief Operating Officer
- Ms. R. Shoba – Chief Financial Officer
- Mr. V. R. Ranganathan – Executive Director, Sales & Marketing
Puravankara Presence in Major Cities
- Bengaluru
- Mumbai
- Pune
- Chennai
- Hyderabad
- Kochi
- Goa
- Coimbatore
- Mangaluru
Puravankara Awards and Recognition
- Best Developer Award – 2020
- Green Building Award – 2021
- Best Affordable Housing Developer – 2021
- Asia Pacific Property Awards – 2021-22 (Best Residential High Rise)
- Design Project of the Year – Purva Emerald Bay (2022)
- Residential Complex of the Year – Purva Zenium (2022)
- Builder of the Year – Medium (2022)
- Design Project of the Year – Purva Clermont (2022)
- Best Luxury Developer – 2023
- Excellence in Delivery and Timely Completion – 2023
- Real Estate Icon Award – 2023
- Best Integrated Township Developer – 2023
- Lifetime Achievement Award – 2023
- Achievement Award for Social Development – 2024
- Vijaya Karnataka Award – 2024
- CIDC Viswakarma Award – 2025
Puravankara Limited Net Worth (2026)
The company's financial results for FY26 mark its strongest year on record. Full-year sales hit ₹7,407 crore, up 55% over FY25, beating the company's own guidance of ₹6,000 crore by 23%. Customer collections for the year stood at ₹4,258 crore. Average price realisation rose 21% to ₹10,213 per sq. ft. The upcoming project pipeline spans 51.14 million sq. ft. with a gross development value of over ₹55,000 crore across South India and Mumbai.
Future Plans of Puravankara
Puravankara is evolving from a classic builder into a tech-driven real estate leader. To fuel this change, the company is committing ₹8,000 crore toward eco-friendly luxury homes and high-end urban renewal, particularly in Mumbai’s tight property market.
Their massive 15 million sq. ft. project pipeline is carefully balanced to meet diverse market needs:
- 40% (Luxury): High-end living under the flagship Puravankara brand.
- 35% (Land): Private plotted communities through Purva Land.
- 25% (Value): High-growth affordable housing via Provident.
Latest News and Updates: Puravankara Limited 2026
- Q4 FY26 Results Announced (May 19, 2026): Puravankara posted a PAT of ₹111 crore in Q4 FY26, up 226% year-on-year. Sales for the quarter stood at ₹3,547 crore, the highest ever in any single quarter, up 190% from ₹1,225 crore in Q4 FY25. Sales volume for the quarter reached 3.01 million sq. ft.
- Revenue Jumps 177% in Q4 FY26 (May 19, 2026): Revenue from operations rose 177.3% to ₹1,501.92 crore in Q4 FY26 from ₹541.57 crore in Q4 FY25. Net debt stood at ₹2,321 crore as of March 31, 2026, down ₹160 crore during the quarter. The net debt-to-equity ratio improved to 1.31.
- FY26 Annual Sales Hit ₹7,407 Crore (May 19, 2026): The company recorded its highest-ever annual sales of ₹7,407 crore in FY26, up 55% over FY25. Sales guidance for FY 2026-27 is set at ₹11,200 crore across Southern and Western regions.
- 21 Million Sq. Ft. Launch Pipeline for Next 12-15 Months (May 19, 2026): Managing Director Ashish Puravankara confirmed a launch pipeline of 21.02 million sq. ft. over the next 12 to 15 months. The projected surplus over the next 3 to 5 years stands at ₹19,290 crore.
- Strategic Acquisitions Worth ₹15,200 Crore GDV (May 19, 2026): During FY26, Puravankara strengthened its development pipeline through acquisitions and joint development agreements across Bengaluru and Mumbai. The cumulative estimated gross development value stands at approximately ₹15,200 crore.
- New Chief Risk Officer Appointed (May 4, 2026): The Board appointed Mr. Amit Narain Ahuja as Chief Risk Officer and Senior Managerial Personnel, effective May 4, 2026. The appointment signals the company's focus on governance and risk management as it expands its portfolio.
- Stock Surges 12.69% on Q4 Results (May 19, 2026): Puravankara shares jumped 12.69% to ₹240.60 following the Q4 FY26 results announcement. The rally reflected strong investor confidence driven by the record quarterly sales and PAT turnaround.
- Record Quarterly Sales in Q4 FY26 (April 13, 2026): The company posted its highest-ever quarterly sales of ₹3,547 crore in Q4 FY26, up 190% from ₹1,225 crore a year ago. Full-year FY26 sales hit ₹7,407 crore, up 55% over FY25. The company exceeded its own annual guidance of ₹6,000 crore by 23%.
Puravankara Limited Completed Project List
- Purva Atmosphere – 2, 3 & 4 BHK – from ₹1.2 Cr
- Purva Park Hill – 2 & 3 BHK – around ₹85 L
- Purva Blubelle – 3 BHK – from ₹1.5 Cr
- Purva Celestial – 2 & 3 BHK – from ₹1.1 Cr
- Purva Meraki – 3 & 4 BHK – from ₹2.3 Cr
- Purva Aerocity – 1, 2 & 3 BHK – from ₹75 L
- Purva Palm Beach – 2 & 3 BHK – from ₹1.05 Cr
- Purva Zenium – 2 & 3 BHK – from ₹1.2 Cr
- Purva Panorama – 2 & 3 BHK – from ₹1.1 Cr
- Purva Clermont – 2 & 3 BHK – from ₹1.5 Cr
- Malabar Hill – Ultra-Luxury – from ₹5 Cr
- Purva Somerset House – 3, 4 & 5 BHK – from ₹3 Cr
- Purva Windermere – 2 & 3 BHK – from ₹95 L
- Purva Silversands – 2 & 3 BHK – from ₹90 L
- Purva Aspire – 2 & 3 BHK – around ₹85 L
- Purva Emerald Bay – 2 & 3 BHK – from ₹1.2 Cr
- Purva Eternity – 2 & 3 BHK – from ₹70 L
New Launch in Bangalore – Purva Northern Lights
Purva Northern Lights is a new launch by Puravankara Limited in KIADB Aerospace Park, North Bangalore. The project covers 24.55 acres across 8 high-rise towers and 3 phases. It offers 2,973 apartments in 1, 2, 3, and 4 BHK layouts. RERA approval for Phase 1 was received on 12 March 2026, with possession scheduled for 31 December 2029.
Price List
- 1 BHK – 408 sq. ft. carpet area – ₹80 lakh onwards
- 2 BHK – 670 to 768 sq. ft. carpet area – ₹1.11 crore onwards
- 3 BHK – 1,003 to 1,077 sq. ft. carpet area – ₹1.60 crore onwards
- 4 BHK – 2,235 to 2,332 sq. ft. carpet area – ₹2.64 crore onwards
(RERA carpet areas, Phase 1)
North Bangalore's Bagalur Road corridor has seen steady price growth because of KIADB Aerospace Park, the upcoming Doddajala Metro Station on Namma Metro Blue Line Phase 2B, and the Satellite Town Ring Road. The project sits roughly 8 km from Kempegowda International Airport, which keeps rental demand from airport and aerospace professionals consistently high.
FAQ
1. Who is the founder and chairman of Puravankara Limited?
Ravi Puravankara founded the company in 1975. He trained as a civil engineer and built the brand from a Bangalore-based firm into a pan-India developer with over 86 completed projects across 9 cities.
2. Is Puravankara a reliable developer for homebuyers?
Puravankara has delivered over 45 million sq. ft. of residential space. The company holds an A+ (Stable) credit rating from ICRA and CRISIL and carries all RERA-registered project timelines on the K-RERA portal. In March 2026, residents began taking possession of Purva Atmosphere, Thanisandra, on schedule.
3. Who is the Managing Director of Puravankara Limited?
Ashish Ravi Puravankara is the Managing Director. He took over leadership from his father, founder Ravi Puravankara. Under his direction, the company posted its highest-ever annual sales of ₹7,407 crore in FY26 and announced a 30-project pipeline spanning 51.14 million sq. ft.
4. What is Puravankara’s Credit Rating in 2026?
Puravankara earns A+ (Stable) ratings from ICRA and CRISIL by keeping debt low. Their strong cash flow proves financial health. This makes them a safe, reliable partner for your next property purchase.
5. What is the RERA registration number for Purva Northern Lights Phase 1?
The RERA number for Phase 1 is PRM/KA/RERA/1251/309/PR/120326/008523. You can verify this on the K-RERA portal. RERA approval was granted on 12 March 2026. Possession is declared for 31 December 2029.
6. What new projects has Puravankara launched in Bangalore in 2026?
Puravankara launched Purva Northern Lights at KIADB Aerospace Park, Bagalur Road, in March 2026. Phase 1 covers 9.5 acres with 1,225 units across 3 towers. They also secured a 4-acre joint development on Hennur Road worth ₹1,300 crore in the same period.
7. Who is Amanda Puravankara?
She is the Executive Director at Provident Housing. She works on bringing new tech and connecting with younger buyers.
8. Where is the Puravankara Mumbai office?
They have a solid base in Western India. The Puravankara Mumbai office handles luxury sites in places like Chembur, managing sales and construction there.
9. What is the full company name?
The official name is Puravankara Limited. It used to be Puravankara Projects Limited, but they changed it to reflect their wider work beyond just housing.
10. What is the head office contact number?
The HQ is in Indiranagar, Bangalore. For corporate issues, call +91-80-2559 9000. For site visits, calling the sales team directly is faster.
11. What kind of homes do they sell?
They offer 2, 3, and 4 BHK units. Prices start from ₹70 lakh for starter homes and go up to ₹5 crore for large luxury apartments.
12. What is Puravankara Limited's market cap in 2026?
Puravankara's market cap stands above ₹5,400 crore as of 2026. The company is listed on NSE (PURVA) and BSE (532891). With a pipeline valued at ₹13,900 crore, the financial outlook remains positive for investors and buyers.
13. Is Puravankara a good investment?
Puravankara is listed on NSE and BSE with an A+ (Stable) credit rating from ICRA and CRISIL. The company delivered 3,747 homes in FY26 and posted ₹7,407 crore in annual sales. Their projects carry RERA registration, which gives legal protection on timelines and delivery. These are verifiable factors buyers can assess before deciding.
