Puravankara Limited
Puravankara Limited started in 1975 and has spent 50 years building homes across India. The company has completed over 86 projects and delivered more than 45 million sq. ft. of residential space. Their projects run under 3 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
- Record 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%.
- FY26 Handover Milestone (April 13, 2026): The group handed over 3,747 homes totalling 4.25 million sq. ft. across FY26. In Q4 alone, 1,301 homes were delivered. Average price realisation rose 21% to ₹10,213 per sq. ft. for the full year.
- 30-Project Pipeline Announced (April 13, 2026): Managing Director Ashish Puravankara announced plans to launch 30 projects over the next 24 months. The pipeline spans 51.14 million sq. ft. with a gross development value of over ₹55,000 crore, concentrated in South India and Mumbai.
- Share Price Surges on Results (April 13, 2026): The stock jumped 16% to ₹226.60 on the day Q4 results were announced. The rally reflected strong buyer confidence following the record quarterly sales numbers.
- Purvaland NCD Guarantee (April 14, 2026): The group extended a ₹196 crore corporate guarantee to its subsidiary Purvaland Private Limited, enabling it to raise funds via Non-Convertible Debentures. Vistra ITCL (India) Limited was named as the debenture trustee.
- Bengaluru Joint Development Expansion (March 9, 2026): The company secured a 4-acre joint development on Hennur Road, Bengaluru. The project carries a ₹1,300 crore development value and adds 0.84 million sq. ft. of luxury residential space to the North Bengaluru portfolio.
- Purva Northern Lights Launch (March 2026): Official sales launched for the 24.55-acre project at KIADB Aerospace Park, Bagalur Road. Phase 1 RERA was approved on 12 March 2026. The project offers 1,225 units across 3 towers. Possession is declared for 31 December 2029.
- Handover Starts at Thanisandra (March 4, 2026): Residents began moving into Purva Atmosphere. The project features oxygenation zones designed for urban wellness. This marked a major delivery milestone for the group's premium segment.
- Mumbai Redevelopment Growth (March 2, 2026): The group's Mumbai pipeline is valued at ₹10,500 crore. Key luxury projects in Malabar Hill and Pali Hill are central to the 2026 revenue strategy. The company was also selected as the preferred developer for eight residential society redevelopments in Chembur, unlocking over 1.2 million sq. ft. with an estimated GDV of ₹2,100 crore.
- Balance Sheet Strengthened (March 1, 2026): The group lowered its net debt-to-equity ratio to 1.47x. The focus remains on funding growth through internal cash flow rather than new debt.
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 CEO?
Ashish Puravankara is the Managing Director. He leads the team and sets the vision, making sure projects like Purva Northern Lights meet global standards.
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?
Yes, it is a safe choice. Is Puravankara a good investment? Absolutely, because they build in hot spots like North Bangalore where prices rise fast. Their big brand name lowers the risk compared to unknown builders.
