Purvankara Q1 sales bookings up 28% to Rs. Higher volume at 1,439 crore, price growth

Realty firm Purvankara on Monday reported a 28 percent growth in sales bookings in the first quarter of this fiscal on good volume and average price realization at Rs. 1,439 crores.

In a regulatory filing, the Bengaluru-based firm shared its operational updates for the April-June period of the financial year 2026-27.

Fund collections from customers grew by 40 percent year-on-year (YoY) to Rs. 1,199 crore has been done.

In terms of volume, the sales area increased by 9 percent to 1.36 million square feet. Average price recovery increased by 18 percent year-on-year to Rs. 10,589 per sq ft.

During the June quarter, Puravankara handed over 0.94 million square feet, delivering 745 homes.

“With this strong start to the year, we are firmly on track to achieve our sales guidance of Rs 11,200 crore for 2026-27 in the South and Western regions and we are confident of building on this momentum during the rest of the year,” said Ashish Puravankara, Managing Director, Puravankara Limited.

As of March 31, 2026, Purvankara has completed 95 projects totaling 57 million square feet across nine cities: Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune and Goa.